The No. 1 Fatal Flaw With Stock Research

Here it is: You don't learn to invest in "stock college." And you sure don't learn it in boiler rooms or the rotting caverns of Wall Street.

That, my friend, is the No. 1 fatal flaw with 99% of what passes for stock research... and with most independent advisory newsletters, too.

Think about it: How do you get a cushy job on Wall Street? You go from prep school to college to business school and directly on to Goldman-Morgan-Merrill. That's right, the vast majority of the chaps that turn out this dreck have never even worked for a Main Street company, much less run one.