Insider Buy Superstocks is an account of how Jesse C. Stine brokes the traditional rules of investing to achieve the unthinkable—what is believed to be a world record-setting personal portfolio return in the post-Dot-com bubble era. His style of trading “Superstocks” is for the rare breed; those who not only embrace calculated risk but also have the ability to stomach the consequences of occasional failure. This case study is meant for those who dream big and have a passion for the markets. It is not for the timid or faint of heart.
Introduction:
In this book, I try to provide exactly what I saw technically and fundamentally prior to establishing my positions. I even include several old “email alerts” and stock postings that describe exactly what I saw before stocks and markets made their major moves. Broadly speaking, the first part of the book details my investing journey over the years. Some of it is deeply personal. I hope you find it interesting. Beyond that, we will discuss how YOU can become a successful investor. There will be much discussion about the media, independent thinking, sentiment, psychology, and achieving “Flow” as it relates to your success.
I devote quite a bit of the book’s real estate to emotion because whether you like it or not, emotions drive markets. You may find some of these sections to be tedious or boring, but they are absolutely essential to mastering the market. We will also spend some time on instilling confidence and developing a “killer instinct” as it relates to the market. Such traits are vitally important because quite simply, the timid are absolutely CRUSHED in the market. Finally, we will transition into everything you want to know (and then some!) about Superstocks.
Lastly, the Appendix is a collection of my old alerts discussing exactly what I saw before major stock market inflection points. I also include my recent “annual outlooks” (2010—“Do Absolutely Nothing,” 2011—“Priced for Perfection,” 2012—“Face-Ripping Market Smorgasbord,” ,2013—“Global 200%-500% Anomalies”) which help show how I formulate my long-term market outlook. If you enjoy reading my alerts and find them educational, feel free to contact me to be added to the friends and family list. At some point, I intend to put a much larger collection together in a .pdf format for posterity.
The book includes many charts. I urge you to spend time studying them and to really THINK and try to understand them. The charts convey absolutely EVERYTHING. If you can’t become “one” with a chart, there is simply no way to succeed on a massive scale in the stock market. A majority of the book’s charts are actual holdings from my 28 month historic portfolio advance. A few others are some of my favorite holdings from 2006-2008. Lastly, in order to freshen things up a bit, a few charts are from the past year or so.
Let me ask you a question before we move on. Currently, are you investing in stock prices because they will go up and will thus maximize personal wealth creation? Or are you investing in an emotionally satisfying and comforting “STORY”? By the end of this book, I think your initial response may surprise you. A great deal of the book will deal with doing things that are NOT comfortable to you. Most investors are destined for mediocrity because it is literally too daunting for them to leave their comfort zones. We will discuss the importance of actively questioning your status quo while focusing on really stretching to do things others simply cannot do. I guarantee that in practice it will be emotionally VERY difficult to follow parts of my philosophy.
This book is not a “system” that so many other books claim to be. It is all about solid research that will forever stand the test of time. As you read the book, in order to better understand its concepts and to increase your comprehension dramatically, it may help if you visualize yourself as a professional trader or investment manager (if you are not one already). I say this because there have been numerous “commitment studies” demonstrating that people with a long term commitment learn at an accelerated pace. People who truly “believe” that they will be doing a particular activity for the rest of their lives will learn 2-3 times as much in the same period of time as those who do not have a long-term commitment.
Contents:
- My Story
- Today is the Day to Divorce Yourself from Mediocrity
- The Most Potent Drug the World Has Ever Seen
- Wall Street’s Worst Kept Secret
- Becoming a Better Trader
- Systems and Simplicity
- The Elusive Superstock
- Stacking the Odds in Your Favor
- Low Risk Entry Super Laws
- The Super Laws of Selling–Mastering the Art of Selling High Risk
- The “Lazy Man’s Guide” to Superstocks
- Eleven Charts that Changed My Life and May Change Yours
- Superstock Resources
- Major Lessons from My Failures, Warts and All
- Top Sixteen Things You Must Do Differently to Achieve Massive Success
Insider Buy Superstocks: The Super Laws of How I Turned $46K into $6.8 Million (14,972%) in 28 Months By Jesse C. Stine
