While the book could have been better titled, only one of the traders, Justing Uyehara, was the trend follower, active trader type. Another subscribed to Elliot Wave theory along with incorporating a value approach. It should be noted Paul Tudor Jones also gives some credence to Elliot Wave theory.
Most of the investors were value oriented.
One of the investors does not follow the investment methodology he uses in Marketocracy and that is because he is basically a kid, a college student, who lacks the capital to buy positions in twenty or so stocks that his method requires.
Marketocracy was not metioned on every page, however it was used as the selection pool, so of course it would be mentioned now and then.
People keep harping on the fact that these returns were the result of paper trading as if somehow this invalidates the results. This seems very illogical and short sighted to me. They still had to pick investments with all the same unknowns as if they were placing real bets. The only difference is that they didn't invest actual funds. Therefore the only difference in that case is the psychological aspect which will be different from investor to investor since all investors have different risk tolerances. Further these results were achieved over several years. Joe Greenblatt essentially did the same thing with his book, "The Little Book Beat that Beat the Market". In some respects this is no different than back testing which many investors and traders do all the time, at least the smart ones, to test out various investment strategies. Read about Bridgeport Capital, one of the largest and most successful hedge funds in the world.
As the old saying goes you can lead a horse to water but you can't make it drink.