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written by reader Magic Number Investing Approach?

By nickperrone, May 15, 2016

Steve Sjuggard of True Wealth (Porter Stansberry) is claiming a Magic Number method of investing which gives good timing info. Any comments on this approach. Don’t think Steve’s approach has been that accurate to date but I may be wrong. Any thoughts on the validity of this methodology?

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condolawyer
condolawyer
6 years ago

Could it be the gold/silver ratio? I know it’s insanely high and of course know the 15:1 elemental occurrence ratio, but I was wondering the same thing as well.

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Kong Meng
Kong Meng
6 years ago
Reply to  condolawyer

No, I know it is some figures that his algorithm checked to determine in his entry and exit points. For e.g. when gold is higher than a year ago, then buy gold next month, meaning if gold is lower than a year ago, sell gold. His system uses a number of sensible algorithm to time entry and exit points…

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Vanessa
Vanessa
5 years ago
Reply to  Kong Meng

do you know what the algorithm is? I am dying to know, I can only find a few articles on this, probably because it is kept “hush hush,” are what are the best books that explain this concept?

John Pesente
John Pesente
6 years ago

i am definately interested but they tease it works for stocks as well so would a 15.1 pe or 15 dma or 15.1 sessions be able to tie in lmk
john
jpesente1116@gmail.com

RJR
RJR
6 years ago
Reply to  John Pesente

Could it be the Fibonacci ‘mandated’ rebound of 0.6… times a recent drop that broke through a significant (high-volume) support level? I’m eyeballing it here.

DAVID HATHAWAY
DAVID HATHAWAY
6 years ago

Did anybody listen to the entire message? I left it play and walked away.
Found out at end they wanted big bucks. I’ll pass. Suggerud’s record with me is positive but not worth this kind of money.

H Baxter
H Baxter
6 years ago

“Did anybody listen to the entire message? I left it play and walked away.”
When you get a Stansberry video with no timeline, try to leave the page. You’ll get a message that says either you can leave the page or stay on the page (continue). Press stay on the page, and the video will be replaced by a transcript of the video. You can scroll down to skip all the testimonials and other fluff to the price (“Subscribe Now”), so you don’t have to sit through (or walk away from) the video.

There really are some facts about the product (which is almost always another newsletter) buried within the transcript, but the facts never gives you what the “headlines” promise. Check it out.

Other than the well-produced sales pitches, Stansberry has some pretty good information – but you’ll pay for it.

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jamespaul108
jamespaul108
6 years ago

I did a web search on one of the names, “David Harding” in Steve Sjuggerud’s presentation, which I’m in the middle of listening to. Here is an interesting article:
http://www.afr.com/business/banking-and-finance/hedge-funds/meet-david-harding-the-man-behind-the-models-that-beat-the-market-20151121-gl4kna
A quote from the article “Harding is a hedge fund hall-of-famer and one of the founding fathers of systematic investing – where computers are programmed to buy and sell securities based on models designed to beat the market. They do this largely by identifying and following trends in what’s known as momentum trading.”
The entire article is worth reading.

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jamespaul108
jamespaul108
6 years ago

Steve also quotes Cliff Asness who uses a variation of the method. An interesting article about Asness’s successes (and a drawdown):
http://fortune.com/2011/12/19/cliff-asness-a-hedge-fund-genius-goes-retail/

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truk