Re: Ranking the tipsters
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Let me relate what the worlds greatest investor (Warren Buffett) does.
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Just because Buffett does well, doesn't mean that his way is the only way to make $$$.
That said, it is generally a bad idea to blindly follow a Tip... why?
1. You don't know the reasons why you are getting the tip.
2. Even if the tip is a good one, you won't know when the tipster changes their opinion.
Finally, there is a whole industry around providing investable information to the public, in the form of newsletters, etc. Hulbert, is a rating service for these financial newsletters.
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