Review by Herb, February 17, 2009

Overall Rating
Performance of Picks/Advice
Consistency
Interesting to Read/Educational
Customer Service	Not Rated
Value for the Money

Gumshoe,
I lost money on them, what more can I say? Can’t buy everything.
On an aside, speaking of gold, would like to see your discussion of Giurino’s email blasts regarding buy bonds and sell gold. Which bonds, which golds, and how to proceed?
Thanks for your great effort for us, much appreciated and respected.
Herb

Review by Rob L., March 21, 2009

Overall Rating
Performance of Picks/Advice
Consistency
Interesting to Read/Educational
Customer Service
Value for the Money

I would probably edge this up to five stars if not for the author’s insistence on “buy and hold.” Some markets (cf. 2008-09) are NOT made for a stubborn buy-and-hold investor, and require a bit more mobility.

Having said that, Dan’s analysis is usually spot on, and his emphasis on financially secure companies (especially for current investment) has been well worth following.

Review by joe, March 21, 2009

Overall Rating
Performance of Picks/Advice
Consistency
Interesting to Read/Educational
Customer Service
Value for the Money

I was a subscriber to Dan Ferris’ Extreme Value. If you are a value player and can wait out the storm it is a top-notch letter. For the common man it is ridiculously priced and maybe Dan wants it that way. Unlike the other Stansberry editors who used stops to avoid the beating the market just went through Ferris is the true value buy and hold investor. I admire his fortitude, but it’s not much fun to watch a portfolio plummet while paying $800 a year for the newsletter. The other editors at Stansberry have been very flexible in avoiding the market carnage. Ferris’ strategy is long term and I think he is one of the best value analysts out there, the letter just doesn’t suit my style which is more akin to PSIA by Porter Stansberry which is run like a great hedge fund without the fees. The 12% Letter is also excellent. Tom Dyson has shifted gears without shifting focus and his advice is working.

Review by JohnnyHeck, April 25, 2009

Overall Rating
Performance of Picks/Advice
Consistency
Interesting to Read/Educational
Customer Service
Value for the Money

Dan is an ardent fan of what he understands as the Warren Buffet methodology of buy value and hold forever. But unlike Buffet, Dan is forced to modify value based on the prevailing winds in order to come up with new stock picks even in an overvalued market. Also unlike Buffet, Dan believes that companies that buy back their stock at higher than book value prices are actually returning money to their shareholders - you just try to spend of that “money”! Because he is too young to understand prolonged bear markets and does not need income from his investments, Dan does not seem to understand the value of dividends and how their absolute level really determines whether a stock is undervalued or not. Dan really believes in his picks as true value but seems to get a little hyper lately as he detects that his subscriber base does not appreciate trying to catch “falling knives” because he is early in his selection.

I subscribed to Dan’s letter for almost 3 months during the “free look” period. But because his porfolio has not got any income strategy and he has no capital preservation strategy, I didn’t think a person nearing retirement like myself could live with it happily.