If I were George Gilder:
1) I personally don't recommend stocks to people that I myself don't own. That way, if it goes down, I don't feel bad because I've lost money, too. If they go up, then others can join the fun, too. If a stockbroker tries to get me to buy a stock, I ask him if he owns any of it. If he does, then it must be OK.
2) Since his picks usually go up, based on people reading his report and buying, if I were him, I would load up on the stocks before making the recommendations. I would require that people working for the GTR not tell anyone else at the risk of being fired. It would be OK for them to get in on the stocks early.
I watched this make 1000% last year:
moneycentral.msn.com
If someone worked for GTR and bought the recommendations before the letter came out every month, I'll bet they would make a 20-40% gain per month, which would add up huge over a year.
Problem is, I'm not privy to such info. Guess I need to quit my complaining and try to get a job with them.... |
