In the battle of man versus machine, the robots are winning …
They don’t make stupid mistakes like we do.
A 2016 study by an organizational psychologist highlighted that, regardless of the activity or task being conducted, humans make between 3-6 errors per hour.
One (terrifying) example from the paper noted that aviation maintenance engineers made on average 50 observable errors per work shift.
Perhaps nowhere are the financial consequences of our stupid mistakes more visible than with investing. And, unfortunately, there are countless stupid mistakes that trip us up.
We’re too greedy … or too timid … we sell winners too soon … hold onto losers too long … we believe we’re brilliant when we simply got lucky … we’re too influenced by the masses … we don’t research with objectivity, rather, we look for reasons to support the investment decision we want to make …
The list is long, but the takeaway is short — we’re bad investors.
This is partly why legendary growth investor, Louis Navellier, turned to computers years ago to remove so many of these man-made “stupid mistakes” from his own investing process.
I’m a numbers guy. Always have been. Since I was a kid, I’ve loved math and I knew that math was the right way to understand the world.
Said another way, I depend on evidence for my decisions.
I depend on an objective set of criteria that signals what I should buy, when I should buy it, and when I should sell and collect the profits …
The human brain is a marvelous tool for creating art, music, language, and engineering feats, but it’s a terrible tool for investing.
We start with this because today at 4 p.m. ET, Louis is holding a special, live event called Project Lightspeed, in which he’ll introduce the latest update to his numbers-based market approach.
Yes, it still relies on highly-advanced algorithms engineered to help sidestep stupid mistakes and identify fundamentally strong investments, but there’s a huge change this time around …
That’s how Louis describes the outcome of the adjustments he’s made to his system.
Here he is with more details:
What I’ve come up with is a technique that can help you see gains you probably thought weren’t possible. And could help you catch up on your retirement.
I’m calling my brand-new initiative Project Lightspeed.
Let me show you some examples of what it can do …
When my system alerted me to Intuitive Surgical, Inc. (ISRG), the first thing I noticed was that the fundamentals were strong. Net income and revenue were soaring into the hundreds of millions. Earnings per share was crushing expectations …
After I recommended Intuitive, its stock climbed 160% — a great gain that would have more than doubled your money.
But that’s nothing compared to what you could have done by applying the techniques behind Project Lightspeed.
Louis’ back-test showed that an investor could have turned that 160% gain into a 399% gain … making nearly five times the money … with the same stock … over a shorter time-frame.
Back to Louis:
… with this project, I took my quant-based systems to the next level, exploring one of the most profitable and controversial corners of the market — an area I’ve rarely, if ever, written or talked about before.
Above, we quoted Louis saying he depends on an objective set of criteria that signals what and when he should buy a stock, as well as when he should sell it.
As we’ve noted many times in the Digest, using Louis’ numbers-based system is a powerful way to avoid those stupid mistakes that even veteran investors make.
But what exactly is this set of criteria?
Well, every public company has millions of data points that are related to its business and its stock price. There are data points related to its fundamental business — like its core operations as reflected in its financial statements.
But there are also data points related to the macro environment — for instance, how are competitors and the broader market affecting the company?
Then there’s time — certain data points are more reflective of shorter-term moves, while others relate more to the long term.
Louis’ system crunches trillions of such data points, with the goal of identifying only a select handful of stocks that share one commonality — quantifiable, fundamental strength.
This way you’re not investing based on hunches or gut feel — instead, your decisions are anchored in cold, impartial data that are outgrowths of financial strength.
Now, regular Digest readers are aware of the above; but Louis has just introduced a huge change to his approach that will surprise even longtime followers.
Back to Louis:
I should note that with Project Lightspeed my focus is not on stocks, but rather something more potentially profitable.
The reality is if you want to live a rich retirement, index funds and mutual funds aren’t going to get you there; bonds aren’t going to do it; dividends aren’t either.
This is, by far, my most aggressive, but also my most lucrative research.
Louis will be explaining all the details this afternoon.
In a recent issue of Market 360, Louis pointed out that about 63% of Americans are still living paycheck to paycheck, despite the beginnings of an economic recovery.
Back to Louis:
… it’s no surprise that not being able to retire is American’s number-one financial fear, according to a GOBankingRates survey, especially when it will cost anywhere from $500,000 to $1,000,000 to retire comfortably.
The Retirement Insecurity 2021 survey noted that about half of its respondents weren’t sure they’d be financially secure in retirement. And, because of the pandemic, about two-thirds of those surveyed had to push back their retirement dates.
If you find yourself amongst this group, join Louis today at 4 p.m. ET to learn how his system could help you make up lost financial ground.
The backtests of Project Lightspeed produced gains of 967%, 1,329%, and 1,711% — and, according to Louis “in less time than it would take you with a normal growth stock.”
Back to Louis:
Gains like these would not only help you make up a lot of ground on your retirement but potentially shorten the gap by years.
To reserve your seat for this free event, click here. Again, it’s today at 4 p.m. ET.
Wrapping up, we all make bad decisions from time-to-time, especially with investing. That’s why an impartial, numbers-based approach can make such a tremendous difference in your portfolio returns.
And with Louis’ latest updates to his system, those returns are coming in potentially bigger, and in shorter amounts of time. You can get all of those details later today, directly from Louis himself.
I’ll give him the final word:
So, if you’re looking to catch up on retirement or put it into hyperdrive, you don’t want to miss out on my special Project Lightspeed event, where I’ll discuss my newest initiative and why I consider it a “potent weapon” that will give investors the chance to rack up triple-digit winners …
This may be the most audacious, most potentially lucrative research I’ve ever presented.
I’ll show you the full details behind Project Lightspeed later today.
Have a good evening,
The post Your Retirement Catch-Up Strategy appeared first on InvestorPlace.
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