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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (13334)1/19/1998 9:46:00 PM
From: Richard J. Byrd  Read Replies (1) of 94695
 
Bill:
I know you often speak highly of Bernie Shaeffer and his Option Advisor newsletter. I received the following e-mail on the Real Traders List about just how BAD his publication is rated :

< THE OPTION ADVISOR was reported, by today's Gannett
Newspapers Sunday to fall into the bottom ranks of Newsletters
as rated by the Hulbert Financial Digest. According to the columnist, Susan Antilla, the five worst list shows Schaeffer, editor of THE OPTION ADVISOR, to have achieved a negative
8.9% annualized return for the five year period and a negative 8.2 % over the 10 year period ending November 30.

B.Schaeffer, editor of THE OPTION ADVISOR, is reported to have objected to his poor rankings by HFD on the grounds that HFD subtracts a commission charge of 3% which if it were less his performance would be better.
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It sopunds like his problems are much worse than commissions would account for!!
Dick
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