Thought I'd check this board after letting my subscription expire 18 months ago and I see the same names!
DWB, Diogeron, Harry Stein!
I believe that JD's investment style is just not in favor right now. Plus, he's lost his touch, or should I say "he lost touch."
I must say that dropping Dessauer was the one of the MOST profitable investment decisions I made last year. Aside from a SEIC and ERICY, I lost money on most of JD's "fine companies." It became clear that JD has absolutely no ability to evaluate technology. I originally bought him for his "global investing" expertise, but lost a ton of money on CPPKY, which I rode right into the ground following his advice!
Since technology is where my expertise and passion lie, I decided to look elsewhere for advice and am glad I did.
In the past year, I've scoured the earth for investment gurus and found very few that are consistent enough that I can calibrate their style vs. mine and then make profitable use of their recommendations.
While I've eliminated most, 3 stand out in my mind:
1. George Gilder (Gilder Technology Report) - Great for early identification of strong secular technology trends. His latest newsletter on the Powercosm has produced phenomenal results this year, over 200%.
2. Jim Jubak (free on MSN.com MoneyCentral) - He is an honest analyst that focuses on high technology companies. He meticulously tracks his recommendations and calculates his returns for buys and sells and doesn't front run his recommendations. He gives easy to understand explanations of his buy / sell recommendations.
3. Tobin Smith (ChangeWave.com) - I was very sceptical of ChangeWave.com when my father gave me his best selling book to read, but found that his stock picking and timing methodology match mine very well. He focuses on technology. He uses some quirky investing terminology though, so it's an exercise to come up to speed on his lexicon. It's apparent that he also follows Gilder's GTR closely for ideas, so it's a good way to cut back on your reading if you aren't a technology hound. I am though, so I will continue to read Gilder's original analysis also.
Good luck to all and I hope you find an advisor you can trust. |
