The Daily Workshop Report
by Robert Sheard (TMF Sheard)

LEXINGTON, KY. (July 21, 1997) Workshops are naturally concerned with formulas, experiments, and relationships among variables. And ours is no exception. Sometimes, however, all the logic in the world can't save us from reality. To demonstrate this point, follow along with this mathematical proof which explains the world of the Wise.

Knowledge is power. Time is money.

And, as any engineer will tell you: Power = Work / Time.

If Knowledge = Power, and Time = Money, then Knowledge = Work / Money.

Solving for Money, we get: Money = Work / Knowledge.

Thus, Money approaches infinity as Knowledge approaches zero, regardless of the work done.

In other words: The less you know, the more you make!

Now you understand Wall Street. Fool on!

Monthly Growth Screens
(Jan. 3 to present)
45.28%  Relative Strength  
22.05%  S&P 500 Index  
16.15%  Unemotional Growth  
14.39%  Low Price/Sales  
14.02%  Investing for Growth  
 6.97%  EPS Plus RS  
 2.27%  YPEG Potential  
-8.24%  Formula 90  

Annual Value Screens
(Jan. 1 to present)
22.62%  Dow Jones Ind Avg  
19.29%  Beating the S&P  
15.39%  Dogs of the Dow  
12.87%  Unemotional Value  
12.87%  Beating the Dow  
11.05%  Dow Combo  
 1.05%  Foolish Four