Quote:
Originally Posted by thelyingthief
fyi:
i am not a person apt to change my handicapping approach, as in adopting the fulcrum concept, without checking its accuracy.
i did a sequence of several hundred races using the fulcrum idea, and found it resoundingly USELESS, regularly isolating too many contenders or too few. i haven't the figures to hand, but it was in the 70 percentile region. WAY TOO LOW TO BE VIABLE, IMHO.
tlt
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My experience as well, tlt, and the final fraction concept wasn't that helpful either. That does not mean that others should not read the book. I think if you grab one nugget from it or any of the tapes I've been putting up, it's a win.
As for Michael's software or other products, I really don't know. Michael may have been trying to reach a mass audience with the fulcrum and the power closing fraction or whatever he called it. I'd rather just work through the match up and look at it that way. I'm not real keen on the bs type marketing approach but from a business standpoint, I would think selling handicapping material would be tough, as the audience is limited. Cynthia Publishing always used the sales letter-marketing hype approach which I detested, but I did find some good material and people there - Dick Mitchell, Gordon Pine, Ron Ambrose, Kitts Anderson, etc., so sometimes you just have to look through the hype.
I always respected Michael's writing within the Follow Ups and in the 1st PMTR book. The problem now is is finding a copy of his book at close to the original selling price. Like the Hat's book, it tends to go for ridiculous amounts on Ebay.