Back to disappointment, I fear, in the integrity of The Motley Fool. In a new email received sometime in the last 24 hours, they’re promoting their 2018 Investor Summit. Here’s the section that bothers me, right at the start, in fact:
With just a few days left in 2017, I’m writing you with some exciting news…
While this past year has been one of the most profitable investing years in The Motley Fool’s history, I believe — with the right strategy — 2018 could be even bigger.
I realize that’s a bold statement, but the numbers don’t lie…
I’m sure you’re quite familiar with some of the gains we’ve seen in Stock Advisor through stocks like NVIDIA (up 85% YTD) and PayPal (up 88% YTD).
IPG Phontonics (up 116% YTD)
Take-Two Interactive (up 123% YTD)
Align Technology (up 145% YTD)
Universal Display (up 214% YTD)
And the list goes on…
Note the reference to their Stock Advisor service.
We, my wife and I, happen to own some of that last stock mentioned, Universal Display. And you know what?
TMF‘s Stock Advisor service does NOT recommend it. Never has, if their online records are accurate. In fact, if I ask for a quote, it tells me that none of the services to which I have access on TMF recommends that stock.
I consider this quite misleading, as they’re taking credit where none is due. Could it be an honest error? I suppose so. I’ve made odder honest errors – although I don’t think I’ve distributed them so widely.
But it’s disappointing. Do I have to proctor every mail I receive for their truthfulness? Nyah. I can just delete them without reading.
I’ll see if there’s some way to request a retraction.
