Value Investing…where the smart money goes!

There is a book sitting on my desk, where it always sits, only an arm’s length away.  It’s looking a little old and dog eared now, as it has been read so many times, and it’s spine is cracked and worn from being left open for reference.  That book is Rule #1.

I remember my first tentative steps into buying my first stock using Phil’s rules.  It was exciting and scary at the same time.  A number of years on, even though I now apply my own proprietary trading system, I am still using the principles I learned from Rule #1 when choosing a company to trade…simply because they make sense.

Phil turned on a light for me when he wrote that book.  He made me believe that “I can do that” and I will be forever grateful to him for it.  I hope that this site can do that for some of you.  I remind myself often that I did not launch this site for me, but for you.  It’s not about me, it about serving you whether you are a friend or an anonymous stranger.  I am here to help make a difference.

Speaking of making a difference, I’m off to Atlanta, Georgia on Thursday to re-train with Phil Town.  He is starting a new speaking tour in the US and Canada this year and is holding his first workshop this weekend.  This one is special as the few people that are going are there to help  give him and his team feedback on his latest course before he makes it available to the general public.  I also get to have dinner at his place on Friday night, so looking forward to getting to know Phil and his wife on this trip.

Phil is very much a value investor in the mold of Warren Buffet.  This will be a good refresher for me in value investing; only buying wonderful companies that are on sale!

May today be a profitable day…for all of us!

John