Prudent Market Decisions
World Class, Long Term Stock Market Timing
We started publishing Prudent Market Decisions in 1985 shortly after forming our corporation. Our own personal investing, however, started back in 1967.
It wasn't long after we started investing that the bear market of 1969-1970 hit and what a surprise it was! Stocks that only went up, up, up in 1967-1968, went down, down, down. Not to worry, May, 1970 rolled around and a new bull market began. Happy days were here again with most stocks going up, up, up. Just focus on those companies with great products, solid balance sheets and rising twelve month trailing earnings. How could you lose?
Well, a little more than two and a half years later it was January, 1973 and after that, the unthinkable occurred again, but this time, the worst bear market since the 1930's unfolded during 1973 and most of 1974. And the stocks of those companies with great products, solid balance sheets and rising twelve month trailing earnings that did so well in the bull market? They got hammered right along with the majority of other stocks since a bear market has no mercy. IBM, Motorola, Coca-Cola, and on and on, lost almost 60% or more of their market value before it was all over.
That was it! We were fed up with only looking at a stock's fundamentals. We realized that it was essential to accurately determine the direction of the broad market's long-term trend before we invested our money in any stock. Although we looked at every available commercial advisory service, we could never find one with a track record that was sufficiently long and consistently accurate. What we were looking for just wasn't available so we decided that we would do our own research and develop our own proprietary long-term stock market timing model.
The complete track record of our proprietary long-term stock market timing model since 1974 has been second to none.
Barron's called us "Prescient"
