{"id":389707,"date":"2020-05-18T16:53:02","date_gmt":"2020-05-18T20:53:02","guid":{"rendered":"https:\/\/financhill.com\/blog\/?p=389707"},"modified":"2020-05-24T11:11:58","modified_gmt":"2020-05-24T15:11:58","slug":"profits-run-review","status":"publish","type":"post","link":"https:\/\/financhill.com\/blog\/investing\/profits-run-review","title":{"rendered":"Profits Run Review"},"content":{"rendered":"

Profits Run Review<\/em>: Businesses often publish mission statements and a list of corporate values, but it is rare to find individuals who do the same. Bill Poulos is one of the few to select a guiding principle that directs his decisions, both personally and professionally.<\/p>\n

In a word, that principle is philotimo<\/em>, a Greek term that is directly translated to mean \u201clove of honor”. However, a native speaker would tell you that philotimo is a much larger concept, encompassing core values like sincerity, respect, and prioritizing the good of your family above all else.<\/p>\n

Understanding Poulos\u2019 guiding principle is critical to understanding his investment philosophy and his commitment to educating others.<\/strong> Poulos spent years learning the ins and outs of the market, and his goal is to help less experienced investors avoid common errors so they, too, can enjoy financial success.<\/p>\n

Poulos offers a long list of services, publications, webinars, and software to support investors in their quest to beat the market. In addition, he is the author of two books, The 5 Most Dangerous Trends Threatening Your Portfolio<\/em> (2012) and Bill Poulos’s Simple Options Trading For Beginners: How to trade options from A to Z<\/em> explained in plain English<\/em> (2016).<\/p>\n

All of these educational tools are created with investors in mind, making otherwise complex processes friendly for even the most inexperienced users.<\/p>\n

Who is Bill Poulos?<\/strong><\/h2>\n

Bill Poulos\u2019 first career was at General Motors<\/a>, where he quickly rose through the ranks to become a well-respected executive.<\/p>\n

Thanks to his smart financial planning, he was able to retire at a relatively young age.<\/strong> That allowed him the freedom to pursue his passion for trading – specifically, solving the endless risk vs reward riddle that investors face every day.<\/p>\n

Keep in mind, Poulos<\/a> started trading in 1974, and computers weren\u2019t a part of daily life. There was no internet to provide millions of pages of research materials, no automated analytics tools, and no instant electronic trades.<\/p>\n

Poulos used a pencil and paper to graph market movement, and when he was ready to make a transaction, he called his broker<\/a> to manually process it.<\/strong> Needless to say, this was far more effort than most casual investors of the time were willing to devote.<\/p>\n