By: greedibanks

greedibanks — Tue, 14 Sep 2010 19:45:15 +0000

Right, second the motion. I was one of little faith on Ambev. After he picked at like 109, it tanked and I sold off half but kept half so at least I can now imagine breaking even or maybe better. Jim’s fundamental approach paid off.

By: coreymcgaha

coreymcgaha — Tue, 14 Sep 2010 15:16:55 +0000

Boom goes the dynamite! Thanks for the profits Jim!

By: mopama

mopama — Thu, 14 Jan 2010 15:06:37 +0000

I can’t wait to see the time when the:
Quote:”…a limited membership, subscription portfolio on global stock.” …Unquote; will be delivered by Jim to the JJ’s Investors Community.

By: DJBarber

DJBarber — Thu, 14 Jan 2010 06:28:16 +0000

To trying 2 learn,
T2L, always expect corrections, as they are part and parcel of a healthy stock market.
If you are following Jim, order his book on Amazon. His book lays out his strategy in clear and concise language. It talks about what, why, and how he does what he does, in considerable depth. He is one of a very few (Maybe the only) online investors who calculates his portfolio earnings in an easy to follow and fair way. Unlike Jim Cramer, he does not talk about hundreds of stocks, and then month’s later claim that he “picked” this one a long time ago. Jims picks inhabit a fairly small universe, and when he adds them to his Jubaks picks, or 50 best stocks portfolio, he often buys them for his personal account. And when he does so, he waits 3 trading days before buying so that his portfolio is not skewed by any “pop” in the stock that his blog might produce. And when he says, he won’t buy or sell for three days after his blog, I believe him.
Another thing, you must be consistent. I finally, after months and months of talking to my wife about investing, got her to invest in late 2008, One morning without talking to me, she picked 8 stocks from Jims 50 best, right before the market tanked 40%. She was so disgusted that she lost so much, that she hasn’t bought or sold (Or read Jims Blog) since. That was unfortunate. Had she continued to read Jims Blog and act on his advice (After following up with her own research) she would probably be about even, or up by now. For New years, I bought her Jims book, which she is reading through now. I believe she will shortly be ready to jump in again. Unfortunately, she missed an amazing opportunity over the last year because she wasn’t consistent. Had she followed Jims blog, and done her own research, and not been frightened out of the market, she may have done a lot better. (I know 2008 and 2009 have been MY best investing years to date.) The point is, she should have been consistent, she shouldn’t have gone all in at the top of the market, and she shouldn’t have withdrawn when “the blood was running in the street” (Warren Buffets favorite time to buy.) This type of behavior is addressed in chapter 1 (Or 2, I forget which) in Mr. Jubaks books…
Do not look at Jim as some kind of savant, or guru. YOU have to be involved with each pick that you make, you have to understand the market that your company operates in, You have to understand what can make that market better, and what you have to fear that might make that market worse.
That being said, having Jim around to do a lot of the “heavy lifting” is a god send.
Another thing, Jim doesn’t do market timing very well, he says it in his book, and he says it right here in his blog. However, he is somewhat of a, dare I say “genius”, when he lays out his ideas of what is likely to move the markets, and which segments of the market are the best to be in, and why.
Time and time again, for over 12 years now, I have read a Jubak column, only to see days later a similar article on Bloomberg, or Reuters by somebody else, that almost word for word, echo’s Jims thoughts, and then a few days later, Jim Cramer picks it up, and then it seems, everybody starts to talk about the same ideas… I don’t know how Jim does it, but this blog is a great place to be if you’re Trying 2 Learn.
(Jim you owe me $50 bucks.) Please apply it to my first month’s subscription to JubakPicks…

By: chapmame

chapmame — Thu, 14 Jan 2010 03:32:05 +0000

Beer is a staple in my diet!

Comments on: Buy AmBev (ABV)

By: greedibanks

By: coreymcgaha

By: mopama

By: DJBarber

By: chapmame