Keep in mind when you read this book that the author was ordered to pay substantial monetary penalties to the U.S. Treasury in June 2006 for misrepresenting himself as an investment adviser when he was not registered with the Securities and Exchange Commission. It was noted in the lawsuit (UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION INVESTMENT ADVISERS ACT OF 1940 Release No. 2525 / June 22, 2006 ADMINISTRATIVE PROCEEDING File No. 3-12341) that "he used selective, outdated, and/or hypothetical examples of specific returns that subscribers might have realized on individual trades had they followed Weiss Research's recommendations, without advising that the overall return was or might not be profitable ... The overall performance of Weiss Research's premium services did not support these profit claims. In fact, during the relevant time period, many subscribers who followed each Weiss Research trading recommendation - as Weiss Research encouraged its subscribers to do - experienced overall returns that were substantially lower than Weiss Research's profit examples and most actually lost money."
