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Most Helpful Customer Reviews
15 of 16 people found the following review helpful:
2.0 out of 5 stars
Caveat Emptor!,
By
This review is from: The Foolish Four: How to Crush Your Mutual Funds in 15 Minutes a Year (Paperback)
I'm a frequent reader of the Motley Fool's website, and a former investor in this strategy. Many of the other reviews are right--there's nothing new to Dow Investing. I first saw some of the ideas in this book ten years ago in Beating the Dow, by Michael O'Higgins, whom the Gardners graciously acknowledge. Both O'Higgins and the Motley Fool do a great job of demystifying investing.What isn't so great is that in recent years, this strategy has fallen far short of its promises. The Motley Fool's site has a message board dedicated to this style of investing (formerly called Dogs of the Dow, Dow High-Yield Investing, etc.) and lately, the arguments there are _raging_. On the one side are the theory's ne'er-doubting supporters; on the other, those who, having blindly invested in the theory and lost, are now adamantly opposed to it. Meanwhile, the Gardner brothers, the authors of this book and originators of the Motley Fool, have sold their Foolish Four portfolio and invested the money elsewhere. I'll let that sink in...the bottom line is that this is a method of finding down and out value stocks, which doesn't suit the kind of growth market we've known for the last half decade. Even with the current bear market, over the last five years many tech stocks, although hurting, have still outperformed the Foolish Four. Which is not to say that the theory doesn't have merit; the book consists of a simple theory that makes sense. It might be outdated, or it may just be currently out of favor. Whichever it is, I would view the enthusiastic claims of the Gardners with a critical eye. And above all, don't invest blindly in this strategy without knowing the risks. Lastly, if you want to see what the Motley Fool is all about, may I recommend The Motley Fool Investment Workbook.
13 of 14 people found the following review helpful:
2.0 out of 5 stars
Nothing new here....,
By A Customer
This review is from: The Foolish Four: How to Crush Your Mutual Funds in 15 Minutes a Year (Paperback)
Don't waste your time and money on this one. If you've read any of the Fools' other excellent investing books, this one will do nothing to enhance your knowledge of Dow Dividend investing. I agree completely with the review below....this should have been a pamphlet. This book gets two stars only by virtue of the fact that there are some readers out there who may have never heard of the Dow Dividend approach. If you are one of those, the Approach is thoroughly explained, but is sandwiched in between 150 pages of filler.
12 of 13 people found the following review helpful:
3.0 out of 5 stars
Good...but visit web page and save the paper,
By A Customer
This review is from: The Foolish Four: How to Crush Your Mutual Funds in 15 Minutes a Year (Paperback)
I love the Foolish line of books. This one was perfect to give to my mom. She's not likely to visit the web to read the same information. If you have been to the web page and read the portfolio on the Foolish Four, then you don't need this book. It's good material but very redundant.
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