The 10X Anomaly Summit [Daily 10X Stock Report Review]

Welcome to my review of Luke Lango’s The 10X Anomaly Summit.

This webinar centers on what Luke refers to as one of the most controversial experiments in financial publishing history.

If you would like find out what the experiment is all about and whether it leads to a rare and unique investment opportunity, you have come to the right place.

After watching the presentation, I decided to put together this article where I discuss whether Luke’s approach is the real deal or not. 

Before I start…

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Luke Lango The 10X Anomaly Summit Review

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Introduction to Luke Lango The 10X Anomaly Summit

Luke Lango’s summit centers on what he refers to as one of the most controversial experiments of financial publishing history. He calls it “Project 10X.” He says that his project involves one of the oldest and most respected financial research firms in America — which means he is referring to InvestorPlace.

InvestorPlace is one of the oldest financial publishing firms of its kind in the country. It has been around for over 40 years and during that time, it has been publishing investment research targeting individual investors.

Luke Lango The 10X Anomaly Summit

Luke Lango says that he has come up with a powerful wealth-creation method. His method has a 86% Success Rate and within those winning trades, he claims that he has had 82 Doubles, 46 Triples, Sixteen 500%, and Multiple 10X Gains in Less Than 9 Months.

He says that he tested his new investment strategy on 180 consecutive trading days and he shared his insights during that period with a group of followers who were able to 2X, 3X, and 5X their money sometimes in as few as 29 days.

Following the success of his project in the testing phase, he wants to roll it out to the public and give investors the chance to be his new followers (by signing up for his newsletter, which we will get into in a bit).

Luke Lango claims that his recommendations are easy-to-place trades that you can make with an ordinary trading account.  He says that they involve a stock market anomaly that unlocks the hidden potential of some stocks thus driving their prices through the roof, sometimes earning them returns of up to 10X.

What anomaly is he talking about?

He says that it starts with Eugene Fama, a Nobel memorial prize winning economist who proposed that the market is too efficient to be predictable and anyone who tried to beat the market would eventually fail. This theory was the basis of his publication, Efficient Capital Markets: A Review of Theory and Empirical Work.

His work led to the rise of index funds because it was widely accepted that passive investing is better than active management.

This theory was later challenged by one of Eugene Fama’s students, Rolf Banz. Mr. Banz proposed that there is a stock market phenomenon that disproved the efficient markets theory because some stocks always seemed to outperform the market. This is the anomaly Luke Lango is referring to.

According to Rolf Banz, if you invest in small-cap stocks, you can beat the market. He tested this to “the breaking point” and his work led to the rise of The Russell 2000® Index.

So, what does this all have to do with Luke’s summit?

He is proposing that if you invest in a collection of small cap stocks, you can outperform the market. He says that if you invest in The Russell 2000® Index, you will not become rich anytime soon. Therefore, his investment strategy involves him picking certain stocks out of The Russell 2000® Index and investing in them to earn bigger returns faster.

He says that this “secret” has enabled multibillionaires like Warren Buffett, John Malone, Peter Lynch, Carl Icahn and George Soros to make a lot of money and beat Wall Street.

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Who is Luke Lango?

The summit is brought to you by Luke Lango, an investment analyst who just recently joined the editorial team at InvestorPlace. He was named by TipRanks as the #1 ranked stock picker in 2020. 

He is a former venture capitalist who started his career while he was still in college. He was at CalTech (California Institute of Technology). He helped start or funded three businesses while he was in college.

The three companies included a social media company, an equity research group, and a sports data analytics company that he co-founded with a general manager of a Major League Baseball franchise.

Luke Lango has since started picking stocks and claims that some of his stock picks have witnessed gains as high as 430% and that over the last five years, his followers have had the chance to grow their investment a massive 25X.

He has been a senior investment analyst at one of America’s longest-running and most renowned financial research firms (InvestorPlace).

Through this presentation, he wants you to join his new investment research service, The Daily 10X Stock Report. 

He believes that it is based on a successful strategy because he tested it via an experiment called “Project 10X”.

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The Daily 10X Stock Report Review

First, The Daily 10X Stock Report is a brand new service that will be published by InvestorPlace and edited by Luke Lango.

How Does The Daily 10X Stock Report Work?

This newsletter is all about investing in small-cap stocks. According to Luke Lango, some companies have the potential to deliver 10 times your money or more, over time.

He shares a few examples throughout the presentation. For example, there is a little-known company he recommended via his experiment called MindMed. It is pharmaceutical firm is about to offer a brand-new class of psychedelic-inspired medicines that can be used for various mental health treatments. Coincidentally, it was the subject of a presentation by Jeff Siegel called Molecule 520.

Once MindMed gets FDA approval, the company will disrupt the pharmaceutical market with its new therapies. So, these are the kinds of stocks he recommends and that will be the case for people who join the newly launched investment advisory service.

If you want to know more details about this company and all other similar deals, then you will need to subscribe to Daily 10X Stock Report.

This service will give you access to a list of 10X small-cap stock recommendations. These stocks will have the potential to deliver up to 10x profits on your investments.

As a subscriber, you will have access to The Daily 10X Stock Report “Strategy Guide.” This is a guide that shows you how to get the most out of your membership to The Daily 10X Stock Report.

The Daily 10X Stock Report Subscription Price

A one-year subscription to The Daily 10X Stock Report costs $897 if you join via the link provided at the end of the summit.

The Daily 10X Stock Report Refund Policy

The Daily 10X Stock Report has a 30-day money-back guarantee.

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Pros of Luke Lango’s The 10X Anomaly Summit

  • It allows you to sign up for The Daily 10X Stock Report at a discount. It is a brand new advisory service by Luke and this presentation is its first ad urging people to become members.
  • The service is backed by a 30-day 100% money-back guarantee if you sign up via the link provided at the end of the presentation.

Cons of Luke Lango The 10X Anomaly Summit

  • Luke Lango does understate the risks involved when investing in small-cap stocks. By listening to his presentation, you’d think that you will be investing in some relatively safe stocks while, in truth, that’s not the case.
  • Even at the discounted fee of $897, I still think The Daily 10X Stock Report is quite pricey.

Is The 10X Anomaly Summit Legit?

Luke Lango’s The 10X Anomaly Summit is a legit presentation. I don’t see why it would be considered illegitimate because 1) it is published by InvestorPlace, which I think is a legit publishing firm (all allegations against it aside), and 2) Luke Lango is not offering personalized advice.

The second point is important because many people who go into these advisory services expecting to make a lot of money based on the overzealous words of a guru and come out of it feeling hard done by do not realize that it is general advice. Although it is relatively expensive, that doesn’t mean it is personalized.

Luke Lango The 10X Anomaly Summit Verdict

Luke Lango says that The 10X Anomaly Summit comes on the back of an ambitious project he did testing out the investment strategy on which his newsletter, The Daily 10X Stock Report is based.

Luke’s newsletter will be about investing in small-cap stock opportunities that, according to him, can offer 10x or more profits in a short time. 

While this is possible, the probability of consistently finding small cap stocks that earn a profit is not high because most of these companies are either unproven or may take a long time to realize their potential. Remember, although a startup can be based on a solid idea, making its products or services profitable is an entirely different ball game.

As you objectively weigh whether joining the newsletter is a good idea, factor that in.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

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