When CAPs started years ago, I used MACRO economic analysis to pick stocks. It was a disaster. Then I used the BMW method. It was also a disaster. I shut down CAPs and all my investing until I could come up with a new plan. Over a year ago, in fact a coupe now, I found this board. I just took one of Saul’s end of month reviews and threw it into CAPs. (Along with a couple of my old dividend payers.) I have adjusted it along the way. I have a couple that Saul doesn’t have and have tossed a couple Saul may or may not have. (I tossed Blackline) The CAPs Port does not mirror mine or Saul’s Port exactly, it just follows along pretty close.
In the time I have been playing following Saul, I have gone from negative 300+ to positive 12. Personally, I am convinced that I can do this and am adding money into Saul stocks from cash as I can.
I find Saul investing to be time consuming, if done right, and due to my past failures I will not invest without consensus with my wife. In addition to the research, we have to talk things over. This takes time. Things like rebuilding a townhouse, moving to a new job, taking care of sick parents all cut into the time, so buying even 12 stocks can take a year.
Anyway, thanks Saul and others for sharing. I do not just follow Saul. The Bear is awesome too, and others.