I want you to come on a little ride with me today.

A little ride that I promise you will give you one of those aha moments,

either an aha moment brand new or an aha moment reminder kick in the ass that you should have remembered.

This aha moment that I want to deliver today starts with a little book

that I have in my possession right now called the point and figure method of anticipating

stock price movements. Complete theory and practice. A preferred method of the insiders by Victor

De Villiers.

I think that's how you say his last name. I'm not sure. Copyright 1933.

Now, for some of you, you might turn off immediately because you might think to yourself,

how the f*** am I going to learn how to make money by listening to this guy

Mike talk right now about some book from 1933. That's impossible. Now, of course, if you think

like that, you're a fucking moron. And this way to the egress, as P.T. Barnum once said,

get the fuck out the door. I don't care. I only want to talk to people

that want to learn. I only want to talk to people who give a crap about figuring it out,

not to the crowd that just wants to be spoon-fed bullshit. And if you want to be spoon-fed bullshit, well, I'm not your guy. So you're

probably already guessing if you know something about the idea of point and figure, I am not a

point-and-figure proponent. It's a form of technical analysis. It's more based on prediction.

It's not trend following.

That said, just like technical analysis, there are aspects to the description of point and figure,

the technique of, that are very applicable to trend following, essentially the price. The price is it.

If you are a point in figure person, which my God, I hope you're not, but if you're a point

and figure person, or if you're a trend following person, the price is your decision-making

...