Follow These SEC Filings and Your Retirement Account Will Thank You

Follow These SEC Filings and Your Retirement Account Will Thank You

Posted On May 23, 2023 11:14 am

Like millions of other investors, I anxiously awaited the 13F filing deadline on the 15th. I could not wait to dig into the databases and see what the best fund manager and investors were doing with their cash.

OK, that’s not completely true.

I did that because I do it every quarter – and have been since the early 1990s. I spend a lot of time and money figuring out who is buying what.

More importantly, I use raw SEC data and several databases to determine who the best investors to look at are, across various time frames.

I use the stocks that the very best investors buy as a starting point and run them through my empirically tested and proven systems.

I also set up clone portfolios of the best investors that have delivered spectacular long-term results.

I do all of that.

But millions of other investors did not. They tend to ignore the filings.

Their loss, quite literally. Let me show you why…

Other investors may read a few headlines about Warren Buffett and what Berkshire was buying.

There will be a few headlines about what some better-known investors buy.

Most investors will read all that over and do little to nothing with the information.

Except for the Buffettologists. These are the folks who get up at 5 am on the day the Berkshire Hathaway (BRK) shareholder letter is filed at the SEC and endlessly hit refresh on their browsers until it magically appears.

These folks will buy everything Berkshire did and sell everything Berkshire sold and continue to stake their claim as members of the High Holy Church of Buffetology.

They would be better served by going back and reading Warren’s shareholder letters from 1959 to 1965 when he was still focused on getting rich (rather than staying rich).

Doing that and buying into Berkshire at 20% of the current market price the way we have done in Underground Income makes more sense than buying…

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