How stock pickers fiddle investment returns

The issue of whether to pay for stock picking advice boils down to two simple questions: First, does the company have a good track record in making money and second, can I believe their track record? The answer to the first question, which is usually ‘yes’, is far less important than the second. Why? Because there are many ways to make performance figures look good, and many investors don’t have a clue what they are. Intelligent Investor Share Advisor has been around for 16 years and we’ve seen all the tricks from come-and-go newsletter publishers to black box stock pickers....

The issue of whether to pay for stock picking advice boils down to two simple questions: First, does the company have a good track record in making money and second, can I believe their track record?

The answer to the first question, which is usually ‘yes’, is far less important than the second.

Why? Because there are many ways to make performance figures look good, and many investors don’t have a clue what they are.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles