wow, still totally confused. i have a serious financial background and can not for the life of me see what you are saying. this smacks of the usual too good to be true investment. if you have a GOOD stock it will be quickly called away and you lose all that appreciation. by definition the only stocks you can hold on to are BAD stocks that don't appreciate. I am guessing that with your top secret formula you somehow come out ahead after expenses holding these bad stocks? seems incredible that wall street hasn't jumped on this bandwagon. why isn't warren buffet in on this? do you truly believe snider has invented a new wheel? or has she reinvented another too good to be true wheel? bottom line- if you used true, accepted accounting methods that included your losses, even if currently unrealized, and expenses as well as gains, what is your true return? the problem that leaps out is that believers are so quick to protest that you can't compare the snider returns against any other normal methodology. it seems like too great a proportion of these seminars you pay for are devoted to this area. and again it seems you are taking on faith that your holdings will at some point exceed your purchase price, quite a leap if history is any guide. otherwise you will have losses when you finally liquidate these positions. at that point what is your true return? there is quite a bit of legalese surrounding this in the snider literature i am led to believe, is that not true? is that intended to protect her or you i wonder?