Dear Reader,
We recently discovered that there were mistakes in the way we calculated our club's returns. More specifically, the 23.4 percent return rate referred to in various places in this book actually related to a two-year period ending December 31, 1992, and the return for 1991 was 54.4 percent. The annual rate of return for our investment club during the 10 years from its inception through 1993 was 9.1 percent, and through the end of 1997 it was 15.3 percent.
We are distressed that there were any inaccuracies in our financial figures. Our priorities are still, as they always have been, education, enjoyment, and enrichment, in that order.
We've included recipes in the past, and now we would like to share with you our recipe for humble pie: a full measure of regret mixed with our sincere apologies. We thank everyone for their support.
Sincerely,
The Beardstown Ladies
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Most Helpful Customer Reviews
8 of 10 people found the following review helpful:
1.0 out of 5 stars
Investment Wisdom at 9.1% returns??? Gimme a break!,
By A Customer
This review is from: The Beardstown Ladies' Little Book of Investment Wisdom (Hardcover)
Irrelevant one-liners and drawings from a bunch of underperforming pseudoinvestors with a superiority complex, written in a condescending grandmotherly tone. It was hard to keep a straight face while reading it. Save the wear and tear on your nerves by not reading this book. I didn't buy it, neither should you.
5.0 out of 5 stars
The Beardstown Ladies Little book of Investment Wisdom,
This review is from: The Beardstown Ladies' Little Book of Investment Wisdom (Hardcover)
Well, here is your polar oposite view of the other comment on this book. I found it wonderful! These are not Wall Street MBA's giving you advise. These are everyday people trying to figure out how to invest their money. Over time, the Ladies have done pretty well! If you find them a bit brash, okay! A small price to pay to get their wisdom. Buy the book!
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