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Spy Guy Beats Warren Buffett 11-to-1

October 28, 2009

Remember, you are the CEO of your portfolio. Hire the best vice presidents you can find. And fire them if they don't perform.




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 28, 2009 -- anta Barbara CA. October 29, 2009. For Immediate Release. Dr. Joe Scifers, ex-CIA, is editor of the $impleMoney Newsletter which has, since 2001, outperformed Warren Buffett 11-to-1 and the S&P500 Index 26-to-1. The objective of the newsletter is to simplify profitable investing for the individual investor.

According to Scifers, “with 338 issues of the newsletter under our belt and as we near our tenth year, it may be time to suggest that maybe, just maybe, there is more than luck involved with our performance. Our cumulative gain since starting out in 2001 is 441.5%. The comparable figure for Mr. Buffett's Berkshire Hathaway is 37.6% and for the S&P500 Index is 16.5%. Our current advice to the individual investor is not to once again wait too long to get back into the market.”

Stock selections are made using his proprietary CARATS (Composite Analysis, Research, and Tracking) methodology. According to Scifers, “we find buying to be relatively straightforward—the hard part is selling. One of our most important lessons-learned is to use trailing stop-loss orders as a defensive precaution.”

His $impleMoney Newsletter's advice to readers is that they are the Chief Executive Officer of their portfolio. And, like other CEOs, they don't have to do the heavy lifting. The CEO's job is to hire the best vice presidents—brokers, advisors, money managers—they can find. Then give them guidance—especially as to risk preferences—and let them do their job. If they don't perform as expected, fire them and hire someone else. “Investors,” says Scifers, “are all to often intimidated by their brokers, who work for them as vice presidents of their portfolio. As a rule, they stay far to long with under-performing brokers or advisors.”

Another shortcoming of the typical individual investor is ignoring beta, the most commonly used measure of risk. “Every investor should know the average beta of their portfolio,” offered Scifers. “Beta can be used to determine the expected risk-adjusted portfolio performance, which, when compared to a benchmark such as the S&P500, can be used to not only give a realistic assessment of performance, but also as the basis to determine when to fire vice presidents on the investment team.”

For additional information contact Joe Scifers PhD or visit www.simplemoneynewsletteronline.com.

About Joe Scifers, founder and editor of $impleMoney Newsletter:

Formerly of the Rand Corporation, Central Intelligence Agency, and the first Bush White House. Co-founder of an engineering and software development company. Currently manages investments, produces $impleMoney Newsletter, and publishes Scene&Heard magazine.

Contact:

Joe Scifers
scifers@scifers.com


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