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Patience Drives Profits For Motor City Investor.(THE SMART INVESTOR)(IBD INVESTOR PROFILE)

Investor's Business Daily

| February 04, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: KEN HOOVER

With his first child on the way, Brian Bass figures investing is going to be important to him for a long time.

He hopes his stock market success will help him lead a better life, educate his children and enjoy a secure retirement with his wife, Amy Spilman.

He's done well so far. At 31, he's vice president of one of the Detroit area's larger commercial real estate firms. It's the only job he's had since graduating from Michigan State University.

Starting with his personal savings, he's had a 79% return since the end of 1999. That's a solid performance during a time when the Nasdaq composite lost 52%.

And Bass doesn't even want to count the 266% profit he made in Power One during 1999 because he regards that as luck, not skill. The Power One trade, he says, happened before he learned to read charts.

"One of the things I've learned is that charts are the only type of stock analysis that doesn't lie. How can you ignore it?" he said.

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