Saturday, September 20, 2008

Louis Navellier Performance Tracking

If you go to Louis Navellier's website you will see the performance tracking of his newsletters.

Here they are.

As you can see Mr. Navellier claims to have a fantastic road track, beating the S&P500 by 10 to 30 times.

Also on another of his services there is a performance tracking page with this chart:

Do you notice anything strange? What is the S&P500 performance between 1997 and 2007? Is it 136% or 46%? Or is it 77% as in the bottom chart?
How can one service's 1408% beat the S&P500 by 10 to 1 and another's 1600% beat it by 30 to 1?
Now look at the first chart. It says 1408% but the green line ends at around 1500%. The second chart green line saying 1600% ends actually between 1750% and 1800%. Is this an error or is it made on purpose to make the charts look better?

A look at the third chart now. It seems like it starts from $100.000. A gain of 77% brings the S&P500 to $177.000, where blue area ends.

But a gain of 274% would end up to $374.000. Why does the green area go up to $450.000?

Either the number 274% or the chart is wrong.

Would you give your money to manage to somebody that can't even build a few consistent charts?

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