The Foolish Four
In 2000, the Motley Fool ran into controversy with its eventually discredited Foolish Four investment theory. The theory had been constituted squarely on the shoulders of the Dogs of the Dow analysis popular at the time. In the same year, Motley Fool writer Ann Coleman admitted that the Foolish Four method "turned out to be not nearly as wonderful a strategy as we thought."
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Famous quotes containing the word foolish:
“But don’t despise error. When touched by genius, when led by chance, the most superior truth can come into being from even the most foolish error. The important inventions which have been brought about in every realm of science from false hypotheses number in the hundreds, indeed in the thousands.”
—Stefan Zweig (18811942)