Trusted by thousands of investors worldwide since 1977, this bestselling classic reveals Robert Lichello's revolutionary formula for earning profits in stocks and mutual funds—automatically. Unlike other investment strategies that focus on stock selection, AIM relies on time—and is designed to work in any kind of market with any size investment. Lichello originally developed AIM in response to the heartbreaking collapse of the great bull market of the 1960s and today his ideas are more relevant than ever. AIM is easy and dependable, and it works. Simply put, it's a money. Now Lichello has updated and reformulated AIM for today's market. AIM-HI (AIM High Intensity) will do for you what it has already done for millions...
This book written after long Bear season. Lots of blue chips lost big percentage of it's gains. It is good to be reminded that how Bear season feeling is and keeping mind that there are such seasons.
Also idea of increasing and decreasing size of position and doing it with system is just fantastic. With some adjustments this can be used in bull market, or after big long crash, when stocks are trying to found their bottom then this system can become handy.
I read 2nd edition. I searched the differences between 3rd and 4th edition. I understand that in 3rd and 4rd edition, initial position is much larger(because writer see that in bull market larger initial position makes more money and season of market changed to bull market) but calculations are similar. I found 2nd edition is good enough for me.