Robert Lichello

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Robert Lichello passed away Thursday, February 1, 2001 after illness caused by cancer. Inventor of the Automatic Investment Management method Mr. Lichello first published the formulae in 1977. ("How To Make $1,000,000 In The Stock Market Automatically" Signet Books ISBN 0-451-17453-4, First Printing, Aug., 1977) Born September 12th, 1926, he authored several books on investing, history and biographical subjects during his 74 years.

His A.I.M. book has been constantly reprinted and expanded since it first appeared in 1977. His work has been inspiration to an entire generation of investors. It has been the advent of personal computing which has made A.I.M. easier to use and the internet as a method for users to share their experience that has popularized A.I.M. with thousands of new and experienced investors.

A.I.M. utilizes a Cash Reserve in conjunction with one's investments and, by formula, shifts the cash over to the equity side during poor market times and rebuilds the reserves when the market is in a bullish phase. It's method works by compounding of LIFO gains over the course of many market cycles.

Where many investment models shun cash and liquidity, A.I.M. makes cash an active part of portfolio management. It also is "automatically" a contrary model, buying shares after price declines and selling off small portions of one's position as prices recover. Years like 1987, 1990, 1994, 1998 and 2000-2003 are where A.I.M. really has shown its strength.

Other books by Mr. Lichello include: "Superpower investing;: The superpower way to bank and invest your money" (ISBN-13: 978-0878630424)

"Dag Hammarskjold: A Giant in Diplomacy" (ISBN-13: 978-0871575012)

"Enrico Fermi, Father of the Atomic Bomb" (ISBN-13: 978-0871570116)

"Ju-jitsu self defense for teen-agers;: The Cliff Freeland system" (ASIN: B0007DYJR0)

"PIONEER IN BLOOD PLASMA DR. CHARLES R. DREW" (ASIN: B000JWGBX4)