Human Nature

One of the main reasons for using the Magic Formula for my investments was NOT to have to worry about the daily checking of prices and company news. I was hoping to buy my shares, glance maybe once a week at the portfolio totals, and then do my quarterly updates.

Where did I go wrong ? First thing in the morning is a look at my holdings -- I know the release date for all the earnings - I know that American Eagle is reporting sales figures tomorrow. I know the daily ups and downs of Portalplayer. I wrote an e-mail to PW Eagle's investor relations (another story in itself). I check this board every day. I can tell you the exact % my shares are up compared to every index out there.

Where did I go wrong ???