Customer Reviews:
Showing reviews 1-5 of 113
 ah, the dreams we dream... November 26, 2009
peter voitikhov (new york, ny)
it is a great hobby to dream of finding some secret knowledge which only you possess. this book puts you in mind of that. it spins a wonderful web of ideas which lead the reader to believe that there is a deep conspiracy buried within the stock market system. once you've understood the depths of this conspiracy, you can make your fortune and escape the world of mediocrity which you have been bound to by the "manipulators" and those in the know. i wonder why this book is labeled as non-fiction. it sure sounds like a fairy tale to me.
 I Knew Ted Warren December 21, 2008
Jesse A. Gayer (Los Angeles, CA)
1 out of 2 found this review helpful
I live in the South Bay area of Los Angeles County. When I was about 18 my father read an article about Ted Warren in the local newspaper. Ted lived in Redondo Beach, CA. My father called him and went to his house to buy me a 1st Edition, First Printing that Ted Signed to me. I still have the book and copies of his newsletter I subscribed to at the time. I used to talk to him on the phone. I still use his long term technical approach, when I do I make money, when I stray I often don't. This timeless, no nonsense work, is the best book on the Stock Market ever written. His late 1974 newsletter is a classic with a list of bargain stocks that many turned out to be HUGE % winners. In late 2008, I think Ted would say "buy now" and hold for the long term !
 The jury is still out September 22, 2008
H. Walker (Conway,AR)
0 out of 2 found this review helpful
Not fully through it yet. But it explains a lot. I'm wondering if our current market applies, but will continue to study and find out.
Seductive Nonsense September 6, 2008
Liberty4all (New York, NY USA)
4 out of 5 found this review helpful
I was an actual Ted Warren subscriber while he was still alive and then subscribed to a service that purchased Ted's method from his wife as I recall and carried on. I was young and naive at the time. What was so seductive about this method is that Ted illustrated the book with arithmetic charts (as has been mentioned by other reviewers) that made the base fluctuations totally disappear. To put it another way, if a stock dropped from 50 down to 2 in an arithmetic chart and stayed between say 2 and 4 for a few years--the long flat base, the chart would basically show a flat line during those years with the appearance of no volatility whatsoever. In reality, if you purchased the stock at 4 (inside the base) and it dropped to 2, you lost 50% of your money or the exact equivalent of buying that stock at 50 and watching it drop to 25. A log chart would have unmasked this deception but Ted never allowed them.
In addition, when a stock appeared to be basing for several years and then dropped under even that base, the stock (and it's miserable performance) would disappear from his record entirely. Only stocks that were still basing and ones that were increasing in price were maintained on the list. This is the definition of survivor bias.
As far as I know, Ted did not die a wealthy man and leave his wife a huge estate. Quite the opposite I believe. This method (much to my disappointment at the time) did not and does not work.
Probably Out Of Date! August 15, 2008
0 out of 2 found this review helpful
* I'm not much of a fan in stock market but I believe the theory given inside this book is out of date.
* With the expensive price for this book, I think you should get a better book than this one.
Showing reviews 1-5 of 113
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