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Title: Dangerous for all investors
Review: I didn't actually buy this book but I read borrowed it from a friend who wanted to know what I thought of it.The book is very dangerous because it attempts to show how past results of a pretty obscure formula gave fantastic returns for the last 30 years. What it fails to mention is that none of the methods shown in the book have produced Dow beating results since they were published.One reason that the Motley Fool keeps coming up with new variations is that the old ones don't seem to work very well after they have been discovered.Anyone reading thinking about this book should skip it and take the other main piece of advice from the Motley Fool and invest in an index fund.
