A couple of shameless promotions to start:

1. I had this idea for a Stocktwits weekly email that highlighted the best 5-10 ideas from the 150,000 plus messages we get a day. Ian (our CEO) liked it and the team put it together and it is called ‘Rapid Ruturns’. It is FREE and you can sign up here.

2. My 3rd (and favorite) book ‘8 to 80 – The Next 1,000% Stocks and Trends That Everyone Can Ride’ is finally in my hands. Ivanhoff did a fantastic job pulling it together from our years of writing about stocks, markets and trends.

You can order it for free ($8 shipping and handling)

Or you can get it for free as part of my $79/year ‘Peloton’ monthly research newsletter.

I asked my friend Josh Brown if he would write the foreward to the book and he agreed. I was expecting something funny and punchy but what I got back was touching. I am so grateful that he has such good memories of our friendship and our efforts building a community. I have enclosed it below:

OK …now to the post…

While there is no such thing as passive investing, low cost index investing is a great way to participate in the market and it does guarantee you will own the next Apple and Google.

You will also own the next Nokia. And own it. And Own it. And Own it.

This Forbes cover from 2007 is exactly what I mean about ‘passive’ index investing:

I want to own the Nokia’s of the world when they are on their way to 1 billion customers, not when they are on their way off the S&P 500.

Picking winners is hard. Riding Winners is harder. Knowing when to exit (having a strategy to exit) winners is the hardest.

It is in my blood and I love the work. I am willing to put in the time and hone my discipline to focus on the very high returns possible from trend following individual stocks and certain markets.