 It was developed in the 1950s by Investor's Business Daily founder William O'Neil.The method was named the top-performing investment strategy from 1998-2009 by the American Association of Individual Investors.In 2015, an exchange-traded fund (ETF) was launched focusing on the companies listed on the IBD 50, a computer generated list published by Investors Business Daily that highlights stocks based on the CAN SLIM investment criteria.