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Pastimes : John Dessauer's Investors World

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To: Ralph C. Cinque who wrote (1754)10/22/1998 9:52:00 PM
From: R Chen  Read Replies (2) of 2346
 
To all
When I investigated JD's IW in hulberts Guide published in 1993, JD
JD was only one of seven advisors that beat the comparison of the S&P 500 or Wilshire index on a risk adjused basis. I bought CCR on the basis of the thorough analysis analysis of the stock provided me as a new subscriber.I agree with Daniel that JD strengths are financial
stocks. This stock went from 13 to 52.
This lead me to have a certain trust in his stock picks,as I'm sure others on this thread have had . The hotlines have dissapointed in the last couple of years . I was foolish enough to buy CPPKY at 9 1/2 because JD said on his hotline somebody over there must know something. while I may be guilty of not doing due diligence,what kind of advice is this? I also am disspointed with his recommendation of CD at 22
I am not convinced that we are getting due dilligence from JD. He has repeatedly asked us to grab a falling knife with CD. It seems to me a investigative call with Henry Silverman,whom JD says he knows
would have provided some reasons not to jump on this stock as JD recommended.
I do not understand why JD seems to fall in love with his picks
that are losers. It is a disservice to his subscribers to keep recommending that they lose 30% or more on his losers.SELL!
so they can move on to a better investment.
Good Luck to all
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