♟ The Best Investors Clone Other People's Ideas

Here's how you can follow the smart money to profits...‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

"People admire history's greatest innovators: Benjamin Franklin, Leonardo da Vinci, Thomas Edison, the Wright brothers, Steve Jobs." Sound the Alarm! (Check Out This Chart ASAP) Editor's Note: Mark your calendars, Trade of the Day readers. You're not going to want to miss a special investing event from our friends at The Oxford Club. Their Chief Investment Strategist Alexander Green is hosting a brand-new training series, The Three Great Secrets for Breakout Profits. Alex will be going LIVE on Wednesday, December 15, to share the BIGGEST secrets behind his most profitable wins. Best of all? It's completely FREE. You'll even have the opportunity to ask Alex your urgent questions using the live chat function. Simply click here to register. And in today's Trade of the Day, Alex shares his insights on how you can follow the smart money to profits. Alexander Green, Chief Investment Strategist, The Oxford Club People admire history's greatest innovators: Benjamin Franklin, Leonardo da Vinci, Thomas Edison, the Wright brothers, Steve Jobs. Few of us are great innovators ourselves, however. So it doesn't make a lot of sense to try to create a novel investment system - or some entirely new method of securities analysis. It's far more lucrative - and much less trouble - to shamelessly clone the best ideas of others. Let me give you a few examples... In my previous life as a portfolio manager, I regularly studied the top investment holdings of the nation's top equity fund managers. (They are required to report them each quarter in their 13F filings.) I would search for ideas that overlapped and then work backward to see what made these companies so exceptional that the best managers in the country were avidly buying them. I picked up a ton of big winners this way. Over the years, I copied and refined my own trading systems. One is geared toward momentum stocks. I read the books and research of William O'Neil - founder of the famous CANSLIM system - and pored over every issue of his paper, Investor's Business Daily. Every technique he recommended that worked, I kept. Every one that didn't, I rejected. Or at least modified. (For example, O'Neil recommends that you sell any stock that goes against you by 7% or 8%. But that's too tight a stop - and will cause you to stop out so often that you feel like you're spinning your wheels.) Thirty years ago, I also learned to ride the coattails of knowledgeable insiders. I bought the same stocks as corporate officers and directors who possess plenty of material, nonpublic information. I didn't invent momentum trading. And I wasn't the first to closely monitor insider buying. I just took these good ideas, tested them exhaustively, and kept tweaking them to obtain better and better results. This happens all the time in the world of business. 1 Trade Idea Delivered Every Week 83% win rate and a guarantee he beats that! Has this former CBOE trader lost his mind?? Watch this immediately. Walmart founder Sam Walton invented absolutely nothing. But he copied everything that everyone else in retail was doing that was smart. In the process, he created the world's largest chain of retail stores - and became one of the nation's richest men. Steelmaker Andrew Carnegie wasted no time trying to reap great wealth from radical innovations in metallurgy. "Pioneering don't pay," he said. Berkshire Hathaway Chairman Warren Buffett cloned his mentor Benjamin Graham's approach. And plenty of others - including me - have cloned parts of Buffett's approach. Why don't more people do this in business... in investing... and in life? Some folks seem to prefer learning things the hard way. I've never understood why. Unless you really are a Jonas Salk or an Alexander Graham Bell, it's hubris to start from square one and try to create something entirely new. It's also time-consuming, frustrating and expensive. Yet people seem to have something in their DNA that prevents them from adopting good ideas easily. That's unfortunate. If you watch what the smartest people are doing, you can apply their best ideas to your own life, your own business and your own portfolio. Mohnish Pabrai, an Indian-American businessman, may not be a household name. But he is one of the preeminent investors of his generation. Pabrai claims that he owes his success entirely to following the methods, principles and ideas of those he most admires. "When you encounter these truths that other people don't understand, you just have to latch on to them big-time," he says. "Anytime you get a truth that humanity doesn't understand, that's a huge competitive advantage." Some people worry that others might find their ideas derivative. Pabrai isn't one of them. He only cares what works. Follow his example. Make a habit of searching for the best ideas. And adopt them unhesitatingly. Why don't more people do this? Because it requires them to check their egos at the door. Award-Winning Investment Expert: "This Could Be the Biggest - and Most Surprising - Prediction of My Career." I've NEVER seen potential like this before... Not when I called Netflix at $6 more than a decade ago. (It recently topped $600.) Not when I pointed regular Americans to the #2 investment of the last decade. (Second only to Tesla.) And not even when I said they had "a shot at big money" with Advanced Micro Devices back in 2008. If you've been sitting on the sidelines waiting for a chance to turn a small stake into a transformative payday... THIS could be it. Don't hesitate. With every passing moment, the extraordinary profit potential could shrink. >> You need to SEE THIS NOW << FUN FACT FRIDAY Foreign investors have consistently moved capital into U.S. stocks whenever a new coronavirus variant has emerged. As a result, U.S. equities have outperformed global stocks during these times. Whenever a new variant spooks the markets, bet on U.S. stocks. INSIGHTS YOU MAY HAVE MISSED A Perfect Small Cap Trade Play the Supply Chain Squeeze for Less Than $14 The Best Stock Screener for New Traders (It's Free) This "Perfect" Market Hedge Just Went 11-for-11 Follow Us on Instagram! FACEBOOK TWITTER   Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day. To unsubscribe from Trade of the Day, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2021 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.