Jason Zweig has managed to get one of the weirdest quotes ever from a would-be investment guru:
Read Full Article »In a news release issued in March 2007, Mr. Grimaldi said one of his newsletters had “been ranked #1 by Hulbert Financial Digest” for the five years through 2006… Mr. Grimaldi’s other newsletters, although not the Money Navigator, have featured the claim “Ranked #1 & Recommended by Hulbert Financial Digest!”
Mark Hulbert, editor of the digest, says his publication “doesn’t make recommendations” and that “no matter how I slice and dice the data, I cannot support [Mr. Grimaldi's] claim of being No. 1 for that five-year period.” According to Mr. Hulbert, Mr. Grimaldi’s highest rank from the digest over that period was 25th out of 110.
Mr. Grimaldi says he ranked No. 1 over that period: “I’ll say that to my grave.”
