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Here's something to think about: If Dessauer is on the up and up, why doesn't he publish his results? Most financial advisers do. They report their outcomes all the time, just like the mutual funds do. In fact, some of them, in every issue of their publication, list all of their holdings, the price at the time of recommendation, the current price, and the percentage change, gain or loss. Dessauer doesn't do that. All he does is list all of his recommendations with current prices every three months. But the table does not show results. As I have said before, he selectively reports the results of his Wall Street Week portfolio depending on whether or not it's doing well. And, he conveniently dropped his Million Dollar Portfolio because it bombed. Considering that results are the measure of success in this business, isn't it misleading and deceptive for him to not report his actual results? I think it is. And yet, he keeps bragging about what a success he has been, that he "got it right" when so many others did not? (How many times have we heard that?) Does anyone know if the Hulbert Investment Digest does a workup on Dessauer? That would be interesting to see. They would probably assume that an investor bought equal dollar amounts of every one one of his recommendations, which most people aren't going to do. Nevertheless, it would be the only fair way to judge his total results, and I would be very interested to know what those results are. |
