Title: Backtesting doesn't work in the future
Product review: The fundamental problem of this highly simplistic and simple-minded work is that the author utilized back-tested methods to supposedly demonstrate how easy it is to make above average returns in the stock market.This approach, ironically, is central to that used by so many investment newsletters which Mr. Sheard and his brethren have been so vocal in criticizing.The author's lack of background in the investment field and credentials should also be a huge red warning flag to neophytes likely to blindly follow his suggestions.
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