My notes from reading “Beating the Street”.

National Association of Investors Corp. Represents over 10,000 stockpicking clubs.
Majority of chapters beat s&p and 3/4 of all mutual funds. Offer investors manual and home study course. Monthly “Better Investing”.
http://www.better-investing.org/

Maxims from NAIC:

-Hold no more stocks than you can remain informed on.
-Invest regularly.
-You want to see, first, that sales and earnings per share are moving forward at an acceptable rate and, second, that you can buy the stock at a reasonable price.
-It is well to consider the financial strength and debt structure to see if a few bad years would hinder the company’s long-term progress.

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