IBD'S 20 RULES FOR INVESTMENT SUCCESS.(THE SMART INVESTOR)

A vital point is these rules are not based on our personal opinion, our beliefs or those of Wall Street's analysts and experts. Investor's Business Daily built models of the most successful stocks and investors of the last half-century. We analyzed all their common characteristics, what variables occurred before the best stocks had huge advances and how these variables changed when the stocks topped. So these rules and principles represent how the market actually works. If you ignore them and rely

instead on personal opinions, feelings or emotions, you are potentially arguing with how the market has functioned for 50 years and you will likely make more costly …