As far as our novice eyes can tell, this transaction chart, found at thewallstreetbully, demonstrates the concept we posted last week of buying low and selling high within a single investment over time.
This is not the secret to investing superstar success. It’s just an example of successful application of the principle.
Shares were purchased after dip, then sold after steeper dips that followed a crest. Then, when shares began to rebound, they were repurchased.
Of course, he coulda just held all the way and not incurred any transaction costs…
PREVIOUSLY: Thinking Differently About “Buy Low, Sell High”