No. of Recommendations: 8
My takeaway is that people who run newsletters are basically stock pickers and good analysts. Whether or not they can make money in their personal portfolio or with someone else's money based on the thesis they laid out is another story.

That certainly matches my own reason for subscribing to MF services and how I use them. I only want stock suggestions, analysis of the businesses (and continued analysis of developments), and a judgment about whether the stock would be a good investment. I'll manage my own portfolio from there.

In fact, that gets to why MDP is of no value to me. For me it's not about the past performance, because I don't believe it's necessarily predictive about the future performance. It's that I already get everything in the above paragraph from the underlying service, so I don't need to pay any more to get another layer of advice.

I think the way people manage their portfolios is so individual to their own situations and personalities, that no portfolio service is going to suit you exactly. Then you end up not mirroring the portfolio exactly, so you are doing your own thing anyway. Why pay for that?

Jim
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