Heather, I left those stock offs to make a point. The eight stocks picked were Steve's picks just as DCLK, GNET and CMGI were. So they are just as fair and every bit as much part of the record. If Steve wants to pick stocks from a list to make himself look good then we can pick from the very same list. That's the way the chips fall, the "guru" lost money on many of the picks for the year. That is what happened.
Numbers should not be manipulated in any way when they are used to lure investors. If you pick ten and stick to ten then go ahead and brag about your picks. BUT, when you are a guru and you don't pick ten and many of your picks stink, well you just have to live with that.
BTW, This gives me no sense of pride to point out deception but I do feel a sense of duty. My pride comes from my 1999 list that was never changed (and it beat Mr. Harmon's and most others).
I started this conversation on this issue in a way that left Steve an out, a way to set the record straight. When he fronted the first post off and those that followed, I pointed out facts in print.
And this is not like baseball. This is stocks and really big time money (but like baseball we have our own commission). When you mislead the public while making money, no good comes of it. That's why it is best to come clean and call it a mistake as soon as you can.
Steve's record for the year is nothing like what he claims when ALL of his "TEN" picks are added in, almost half were losers and in a hot market for internets, you would hope a guru would pick mostly winners.
And BTW Pete Rose never padded a record, he didn't have to.
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