A notic came to me in my email frome Weiss author of the ”safe Money Letter”
He currntly is promoting a service which clima to use a Templeton stock trend analysis to time the market and they report that this technique was developed by ”Sir John Templeton ” and now thre protege ..Doug Davenport ..has a portfolio that has delivered 823 % in 5 years.Of course this service will cost 900 dollars a month.
Bright Scope advisory shows that a firm has only 5 clients and that 75% of the portfolio was Dougs..This would not seem to be a really statistically valid way to arrive at accurate future predictions. If a large prercentage of that portfolio was gold in that time frame that alone could generate high numbers .It seems a awful small sample size. Anybody else like to comment?
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