Mark Shipman's Investment course

Re: Mark Shipmans Investment course

My advice is that a couple of good financial reads would give you the same level as what is being provided. Investment is like betting it is knowing when to buy and when to sell - that instinct can not be taught. Hedge fund managers of late have not being the best, if leading by example.
 
Re: Mark Shipmans Investment course

£550 equates to roughly €800 at current rates. All you'd need is one good investment idea to make the cost back. Of course, the question is, could you have got the same idea elsewhere cheaper or for free?

For what it's worth, €800 would not be especially expensive for a one day training course in my field of IT - whether it's good value depends on the quality of the course. It's also worth noting that the price includes 1 year's e-mail contact with Shipman, which presumably you can use to get advice on your specific investment ideas.

I read the book too and found it refreshingly free of jargon or "get rich quick" nonsense, with a lot of useful information. I applied one of Shipman's rules of thumb on how to decide to exit an investment earlier this year and figure I saved myself about €10k in the subsequent fall in value. That's about a 50,000% return on my investment in the price of the book!

I am strongly considering attending the course myself - I guess I can consider the saving I made has already more than paid the course fee.

Usual disclaimer applies - I don't know Mark Shipman and have no connection with him.
 
Re: Mark Shipmans Investment course

Very true..re: one good idea...I am thinking strongly about it considering he is the reason I am looking more into investing in the first place....

Thats why I think it may be different than the others is the fact that he steers clear from get rich quick etc....but then again...that could just be his sales pitch...

Never know...might see you there...(if its the Dublin one!)
 
Re: Mark Shipmans Investment course

Would love if some of you more experienced in trading would cast your knoweldge onto this as I am seriously considering paying out for this...

Can it be better than the others simply due to Marks sucess as an investor or would i be as well to keep reading the books?
 
Re: Mark Shipmans Investment course

I was thinking of doing Diploma in Stockbroking Investment
offered by Dublin Business School at 1350euro.

This looks like better value to me. 1 day just seems too short to me and I would also question the quality of
12-month unlimited private access e-mail to Mark Shipman

as it is sometimes difficult to explain a point, I find over this medium. Looking at what he is going to cover Iwould say that once you have the book read, I would be surprised if you learnt anything new.

Having said that I am reading his book which is good. Just my thoughts. But do let us know how yous get on with it if you go with it. Best of luck.
 
Re: Mark Shipmans Investment course

The DIT diploma is probably more suitable for most people,but I doubt if anything taught there cant be learned from a few good books, and some regular internet based research.1350 or 800 is alot of money,and I wouldnt expect most participants to earn that much extra back from what they have learned
 
Re: Mark Shipmans Investment course

Only attend if you are serious about investing, I reckon shipman's would be the best seminar to attend. Read the book too, the only fault I have with his book is that he spends no time at all on Spread betting which is the medium that he uses to trade, which is why I am now reading 'The Financial Spread Betting Handbook' by Malcolm Pryor, highly recommend this book, author is from the UK and like Shipman, its all stratight forward, no get rich quick crap. I think anyone thinking of attending Shipmans course should read this book first!

thats my 2 cents worth anyway
 
Re: Mark Shipmans Investment course

chicote said:
the only fault I have with his book is that he spends no time at all on Spread betting which is the medium that he uses to trade, which is why I am now reading 'The Financial Spread Betting Handbook' by Malcolm Pryor, highly recommend this book, author is from the UK and like Shipman, its all stratight forward, no get rich quick crap. I think anyone thinking of attending Shipmans course should read this book first!
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This is a very valid criticism and something I would want to see addressed in the seminar if I attended. Shipman is very keen on spread betting for its tax advantages, but doesn't deal with its mechanics at all. For example, to open a spread bet position, you need to set a stop. Shipman is silent on how to decide where to set these. Also, while his methods are all about following trends, he doesn't address the possibility of using short positions to follow downward price trends, even though spread betting is one of the most accessible ways for ordinary investors to go short.
 
Re: Mark Shipmans Investment course

gonk said:
Also, while his methods are all about following trends, he doesn't address the possibility of using short positions to follow downward price trends, even though spread betting is one of the most accessible ways for ordinary investors to go short.
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I don't think shorting is his thing at all though. He describes himself as a long-term investor and doesn't consider what he does trading (although from what I can see most of his ideas and inspiration come from that field). It looks like his focus is exclusively on exploiting bull markets. Interesting quote from Philip Richards in [broken link removed] I stumbled upon a few weeks ago.

Years ago, somebody said to me that it is possible to make a living out of short selling, but you’ll only ever make a fortune out of being long in a bull market. That was worth remembering, and it has been true for us. In 2000 and 2001 we made a living out of being short during difficult times, but by definition you can never make a fortune out of it because you can’t get the multiplication that you get from the long side. But if you invest in the long position, you can multiply your money many times over.
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Perhaps this is Shipman's thinking on it as well?
 
Re: Mark Shipmans Investment course

Nemesis said:
I don't think shorting is his thing at all though. He describes himself as a long-term investor and doesn't consider what he does trading
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Maybe so, but shorting isn't necessarily short term trading. For example there was a long term downward trend in the FTSE 100 for the four years beginning Jan 2000. It's only now back around the level it reached at its Dec 1999 peak.

Even if Shipman isn't into shorting, one might expect him to cover the topic and explain why. However, he just doesn't mention it at all.
 
It seems to me the book is about his particular method and not a general overview detailing many different investment strategies. Don't know if the workshops will have a similar approach though. Perhaps he does address shorting. One would really need to hear the report of someone who's attended to be sure. But if it's not something he's into then you probably wouldn't expect to see it in the list of topics covered here.
 
While we are on the subject of spread betting - does anybody think it would be a good idea to form a small group of spread betting investors to meet, say once per week? an investment club if you like? just a thought and maybe a crazy idea, but there is power and accountability in numbers which is very important for minnows such as us starting out on the road to spread betting success, reply if u may be interested.

If 4 or 5 people were to club together and we all use the same strategy, then we should be coming up with the same instruments to bet on.
 
Hi,

I'd be on for that if you're still interested......

Julian

chicote said:
While we are on the subject of spread betting - does anybody think it would be a good idea to form a small group of spread betting investors to meet, say once per week? an investment club if you like? just a thought and maybe a crazy idea, but there is power and accountability in numbers which is very important for minnows such as us starting out on the road to spread betting success, reply if u may be interested.

If 4 or 5 people were to club together and we all use the same strategy, then we should be coming up with the same instruments to bet on.
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I would be a bit sceptical from the point of view that what he is teaching is not how he made his money.
If you remember when he was on the late late show talking about a number of people with computers running all day in his house it doesnt match the view of a long term investor.
I think he made his millions trading one way and is now just giving basic investment advice that you can find anywhere on the back of his reputation.(which isnt necesarily a bad thing if the advice is good)
 
i saw him on late late and read his book, however his stategy of investing in commodities futures is not something i am comfortable with, he says this in the book that you must 100% follow his stategy and believe in it. Therefore if you are having doubts you should probably stay clear, if you believe in his strategy and that it will work then £500 is not that much. I was very impressed with his analysis but am more comfortable investing in the commodity producers rather than in futures, or spread betting.
 
The dublin one is sold out at the moment.
I'm heading over to the london one though on march 8.

I have read his book and i'd be very surprised if he taught anything else new - but i'm gonna go anyway.(Go figure !)

He has a site www.trend-follower.com.

Up until 24th dec 07 he used post up all his weekly positions for free of charge.
However - this has since been suspended until it gets further approval from the regulatory.

FOr the last 2 months i decided to literally copy all his positions and do nothing else.

It's worked so far - made a nice few thousand.
That said - i'm fully aware that 2 months isn't nearly enough of a time span to draw any conclusions.

However - due to my profits made i'm thinking i'll give the guy back some of it !!
 
qwertyuiop said:
Up until 24th dec 07 he used post up all his weekly positions for free of charge.
However - this has since been suspended until it gets further approval from the regulatory.

FOr the last 2 months i decided to literally copy all his positions and do nothing else.

It's worked so far - made a nice few thousand.
That said - i'm fully aware that 2 months isn't nearly enough of a time span to draw any conclusions.
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What medium did you use to bet/invest in his choices..I cannot find anywhere to invest in the nifty fifty index for india?

Also, all future and past attendees can still avail of his current positions by e-mailing Mark his website states.
 
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