UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: TMFDaddyO Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 137  
Subject: Re: Portfolio and Purchase Date: 11/12/2010 11:55 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Hello Hawkpie,

I was passing through this board for a different reason and saw your post. This response should definitely be viewed under the belief that it's "better late than never!"

As you know, the stocks selected by MDP come from a universe of stocks picked by some of our other services (Stock Advisor, Hidden Gems, Rule Breakers, Global Gains, etc.)

Ron Gross, the lead advisor for MDP, makes the final call based on a variety of factors which may not align with the investing goals/diversification needs/timing/risk profile of any individual on the team.

The primary way that the Fool shows its conviction for the stocks selected in MDP is by investing the company's money in every pick.

As CFO, I am keenly interested in how the teams manage the company's investable assets, and each of the teams managing real money meet with me each quarter to discuss their investment processes and performance.

It is not something either of us take lightly.

I do understand the viewpoint that seeing individuals purchase the stock further strengthens the message, but there are so many other factors that go into personal investment decisions that I woouldn't hold it against a MDP pick if there is no other disclosed ownership.

Lastly, apologies for the massive delay in responding. The private MDP message boards are probably a better forum for asking questions about that service.

On top of that, you'll be tapping into people who are much smarter and responsive!

Fool on
Ollen
TMF DaddyO
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

My Big Fat Greek Splat
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement