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Foolish Special[ January 1, 19997 ]Press ClippingsOn with the MotleyTen Steps to Investing Foolishly sounds like a guide most of us could live without. But for Motley Fool, the most popular US internet tipsheet, it is at the centre of its mission: to educate, amuse and enrich. This week it came to the UK to teach investors how to eschew conventional wisdom and learn about "Folly". To most fund managers its methods will indeed sound like folly: a modification of a technical strategy which leads to picking five shares from the - nearly redundant - FT 30, and an almost pathological aversion to mutual funds (unit trusts). The site, based on AOL, an online service, will also run other portfolios, but "it will thrive on message boards where the Fools can really feel part of it", says David Berger, who describes himself as Chief British Fool. James Mackintosh
(c) Copyright the Financial Times Limited 1997 Link to The Financial Times
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