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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (4724)8/20/1998 6:51:00 PM
From: Axel Gunderson  Read Replies (1) of 78628
 
And for you Bill Staton fans - make it a point to read between the lines. He will put companies onto his list (and perhaps, take them off?) retroactively. For example, check it out the next time he makes a press release about "10 year performance" of the Staton 100 Index. To be a member of that index, supposedly the 10 years of higher earnings or dividends is required. Fine - that means that all members of that index would have to have the 10 years of higher earnings or dividends prior to being included on the list. Yet he will list companies as members of that index which were not even in existence for 10 years prior to the period for which he will proclaim the 10 year track record.

Axel
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