Josh L.
Sitting on Massive Losses not Currently Reflected in Portfolio
InvestorPlace asked for a review of Innovation Investor, so here goes… I was a flagship member and followed all of the buy recommendations from Luke. It has been an absolute disaster! After treading water for quite some time with a number of stocks down 95%+ from the time of reco, the team brought in a number of stocks from another portfolio that had been sitting on huge gains (from an analyst that left the company or was let go). The prompt for this review was the highlight of NDAQ and NVDA gains in a tough year…these were not Luke’s recos and had been up big from years before Innovation Investor was initiated. Worst of all, Luke continued to say “buy the dip” throughout the crash of the last few years. A number of stocks have been sold at huge losses. These are not reflected in the numbers, yet the gains on sells are double counted in both the sell section AND within the growth rate of the remaining stock. Very deceitful. The positive…recent stock picks have been much better, so believe a few things have been learned. The content is very thorough as well.
Response from InvestorPlaceJan 9, 2024
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