Dan Ferris took over the writing of this newsletter from Tom Dyson in November, 2010. The newsletter is one of a suite of newsletters published by Stansberry and Associates.
The comments in this review are based solely on the period when Ferris was the writer.
NEGATIVES:
1. In 2011 Ferris recommended 15 stocks. By the end of the year, counting closed and open positions, he had six winners and nine losers.
2. In 2011 he had an annualized return of negative 38 percent, compared to the S&P500 which was basically flat.
3. In terms of accuracy, hed did make a couple of outright errors, such as selling a stock from his portfolio when it didn't actually hit the stop loss, and also not reporting a stock when it hit the stop loss (PSEC).
4. Porter Stansberry confirmed my negative impression by giving this newsletter a "D" in his annual review.
5. Displeased with the results in 2011, in 2012 I tracked only his select picks, the "World Dominating Dividend Growers" (through 11/13/12). There he had five winners and one loser. His picks returned 3% as oppsed to 9% for the S&P500. This underperformance seems like a lot to pay for the relative safety of large-cap, blue-chip dividend payers.
6. Dan Ferris also wrote a previous newsletter called the "Penny Stock Report" which was such an unmitigated disaster that Stansberry shut it down early and transferred the subscribers to Porter's own newsletter, the Porter Stansberry Investment Advisory.
POSITIVES:
1. Thorough write-ups on recommended stocks.
2. He shows good investment discipline by giving buy-up-to prices for his recommendations and sticking to them.
3. I like his concept of "World Dominating Dividend Growers - WDDG's". These are companies with a dominant market share, a wide moat, and that raise their dividends consistently.
BOTTOM LINE:
His style is mostly buy and hold. He is a follower of the Graham/Buffet school of thought. I like his style and his writing. He cuts through all the hype and is down to earth.
I wouldn't trust his recommendations, though, unless you stick only to the WDDG's. Personally, I have used his picks as a screen for suitable candidates and then followed up with my own analysis. I wouldn't be inclined to pay more than the introductory offer rate for his service, either, around $40. I'm currently not subscribing. I rely on Investment Quality Trends and Doc Eifrig's Retirement Letter for income picks, or the free content that I'm bombarded with on the internet.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Was this review helpful?
Yes
No