Author/Editor
Tom Essaye
Publisher
Weiss Research
Description
Real-money portfolio of Martin Weiss’ million dollars, previously managed by Claus Vogt, promises to alert you 48 hours before trades are made, with monthly update newsletter and phone helpline.
If you’ve subscribed to Million-Dollar Contrarian Portfolio, please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.
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Claus is interesting to listen too, but a HORRIBLE listener himself. Huge ego. TERRIBLE advice for more than a year. YET Martin and Claus have their head buried in the sand even deeper than the Fed as they congratulate each other for being geniuses rather than admitting they are wrong. Weiss is one of the best salesmen out there. Knows all the buttons to push to scare people and get their money. Wow. I cannot believe how wrong they have been over the last year. Worst of all, they are SUPER long the US dollar. That is a pretty risky… Read More »
The problem of the declining bee population has been going on for a while. If a company has actually got a sound means of reversing the problem it could be worth a lot of money. However, the causes for declining bee populations have not been identified although there are a fair amount of suspects ranging from global warming to pesticides and all points in between. The problem is real and has the potential for worldwide rather than localised famine is highly possible.
Brian try LNAFF, penny stock
I think we should call this problem “Global Swarming”…….
http://biz.yahoo.com/c/terms/leader.html
THIS is the indicator Claus uses for his recos. Totally useless and lagging indicator that NO ONE in Wall ST even cares about. He never uses graphs or Fibonacci retracements or any graphs to forecast the direction of the market. Also since he is on a 2 day delay, his recos are slow to react to events like this Goldman Sachs SEC case. I’m glad I got out of this one but made a fool of myself using his service to recommend stocks to friends. I don’t even read his Money and Markets anymore.
I too lost 3 very good friends as they followed my advise and joint this deal and lost money and they no longer speak to me. I have read the newsletter off & on .. I started years ago when a very wealth local banker would give me his newsletters when his father was the editor. I never learned the final results of the Contrarian Portfolio.
This service missed a once in a lifetime opportunity to capitalize on the biggest bull market run in history, +52% from the bottom at 6665 on March 9, 2009 until recent times. Not only did we miss the 50% plus market gain this service, led by Claus Vogt, managed to loose 5.00% of your investment. Between the 52% market gain and the 5% loss of the portfolio, Claus Vogt has underperformed the market by nearly 62%. That’s truly is a textbook example of extremely poor management. I know he has problems because I recently saw an public notice in a… Read More »
Ah, looks like I may have guessed wrong on the cancer one if he’s calling Baxter a cancer fighter (bit of a stretch). BAX earnings were fine, by the way, guidance cautious, not a particularly big impact on the stock today, all things considered.
Robert Hsu and Navellier have been among the bigger fans of the fertilizer guys MOS and POT, not unusualy for advisers who rely at least in part on momentum … but they don’t include them so much in their ads these days after their 80% drops.
Thanks a lot Steve. I'll take your advise and open an account tomorrow.
advice rather
But Scot sure screwed us with their new and NOT improved stock charts, huh? They trashed a perfectly good system for this crap. Apparently designed by their worst enemy… or, at least, that would explain everything…
Let me count the ways…
1, 2, 3,… eleventy-seven…
Year two and the same old tired War Room infomercials from the snake oil firm of Weiss & Vogt and Tom the buffoon. Tom, who are you? The Weiss lie damage control person. In trying to make these two losers look good you make a fool of yourself. Things must be hard for you to sell your self respect for Weiss bucks. Bucks that were garnered from people that were suckered into the MCP scheme. These people are bad market timers, poor stock selectors but they are very good liars in my opinion and the opinions of many others members… Read More »
I am shocked this service (and Weiss) still exist almost a year after getting blasted by myself and others above. Weiss are the Monday morning quarterbacks. Can’t win a game but can tell you why they lost everytime and make excuse after excuse after excuse. Sad thing is, they are note traders or investors, they wait for actual confirms before they buy and by that time, the move is already over. Usually by the time they notice a stock is a buy, the stock has already doubled and they are saying to buy since their signals have just hit. That… Read More »
Weiss and Claus made me miss the biggest stock market recovery and made me lose big money. Also because of them saying the stock market will continue lower, I also lost money in another options put trader called the Red Flag Insider by Andrew Gordon. Both of these morons said the same crapola in sync and I lost $10,000 altogether. Luckily I limit my losses to a half but unfortunately, between these 2 services, 97% of their recos were dead wrong and they recommended puts in the middle of this bull market. I had $20,000 and with a combination of… Read More »
All,
New warning, stay away from Mike Larson’s new ground breaking interest rate findings. Martin and Mike are always late to the party and will COMPLETELY DESTROY YOUR WEALTH. Martin’s book he published last March told you to put everything into T-Bills and to sell all valuables (like a house) because values were going to continue to sprial downwards. If you listened to him, you would have made the biggest mistake of your life and would have sold everything at the bottom. ALL WEISS PRODUCTS ARE WEALTH DESTROYING RECOS, STAY AWAY!!!!
I won’t bother to rate this service’s performance as its actual performance and the comments above tell most of the sad story of the MDCP and Claus Vogt’s market timing and stock selection abilities. Although I’m still an active member they will not post any of my blogs nor will they offer up an explanation as to why they will not. They took my $2500 for two years and now arbitrarily and without reason are singling me out for punitive actions. I plan on calling the SEC as well as the Florida Dept. of Consumer Affairs. If need be I’ll… Read More »
Portfolio Man, Sorry, I have been on an investing hiatus, however, with the Bear coming back, my interest is getting piqued … shocked by some of the comments here … these crooks (Weiss et Co.) .. are still at it. Well, a sucker is bron every day and I was one of them but I never took at any of there recommendations and I have been in good’ol CASH. A quick update to all. Regardingm investing in Metas, the tax code classifies metals—whether in the form of ingots, jewelry or coins—as “collectibles” and applies a different set of rules. Under… Read More »
Folks, anyone out there?
Terrible performance, plain and simply described accurately.
Claus would make a better schnitzel salesman than he does a portfolio manager. This guy is just plain clueless and his timing ability rates up there with BP’s oil well spill control ability.
Unfortunately, I subscribed to Million Dollar Contrarian Portfolio in March 2009. The recommended investments went south immediately to where I stopped following Claus’ recommendations during the summer. I cancelled my subscription in the fall and received back a portion of my subscription fee. It was an expensive lesson that I learned having just taken an early retirement package from my employer and investing some into this service. I regret following an (?) experts (?) advise due to my always growing my portfolio every year without their costly recommendations. Like all investing, it is best to make investments that you do… Read More »
On 9th June, Claus had written an article I read on another site – Another warning bell for the stock market – warning of a returning bear market. Fool that I was I didn’t do the opposite to his advice.
Dow up 270 points since I read the article……..
Claus’ timing is perfect if inverse?
UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION Securities Exchange Act of 1934 Release No. 62075 / May 11, 2010 Administrative Proceeding File No. 3-12341 : In the Matter of : : ORDER APPROVING WEISS RESEARCH, INC., : APPLICATION OF DISTRIBUTION MARTIN WEISS, AND : ADMINISTRATOR FOR LAWRENCE EDELSON : FEES AND EXPENSES AND : DIRECTING DISBURSEMENT Respondents. : OF FAIR FUND : ____________________________________: On June 22, 2006, the Commission instituted settled administrative proceedings against Weiss Research, Inc., Martin Weiss, and Lawrence Edelson (collectively, “Respondents”) for violations of the Investment Advisers Act of 1940 in connection with their… Read More »
OK,it’s too expensive – hence one star value for money.Claus Vogt basically runs the portfolio and answers the questions,and he is based in Germany.He strikes me as honest,and is consistent in what he says. Whilst this service is bearish,not all of the Weiss organization is bearish.Claus is probably the most bearish,followed by Mike Larsson,who edits the conservative Safe Money report [which is a lot cheaper].Martin is fairly bearish,and these three are on the ‘money and markets’ side of the organization.The guys on the ‘uncommon wisdom’ side of it tend to be a lot more bullish about the market areas they… Read More »
Have written about outstanding investments many times (use the search box at top to get a taste), but I don’t know if I’ve specifically seen that teaser recently.
The newsletter was a top performer during the five+ years of rising commodity prices that ended recently (they’ve mostly focused on commodities and hard assets and related stocks), I assume it’s probably doing quite a bit worse in the last six months, but haven’t checked.
I should have known better. Martin has been predicting a falling sky for so long, he is stuck on that subject. Eventually he may be right, but in the meantime most folks will be broke, following his advise. It reminds me of the fellow in the late 80’s and early 90’s predicting “The Upward Spike “, and hyper inflation interesting but wrong. I was a charter member to the Million Dollar contrarian Portfolio The only thing positive I can say about that is that I got in at a discounted price, so I cut my lose in half. THIS LETTER… Read More »
I have subscribed a number of
times over the years. A good newsletter and a great track record for 5 years.
But alas the last 6 months they have gotten killed with many stocks down but who hasen’t no one I know. Unless you were out of the market or short
I keep kicking myself for having been a member of this horrible service and keep thinking of what I should have bought with the money I lost with Claus’ losing picks. I have lost $6,000 with MCP alone but because Claus was so bearish on the market at 6000, I have lost money with other bearish services I have been a part of as well. Thanks a lot Claus for reinforcing and compounding my losses with your false predictions. I have lost $20,000 altogether on bearish services who acted like Chicken Little at 6000 back in March 2009. Compounding the… Read More »
Claus is stunning in his inverse timing. He issues a warning of a megatop on 11/3 encouraging people to sell or go short. The next day (11/4) we see an epic rally with many sectors breaking out into new highs (see finance).