ALISO VIEJO, CA — In 1977, Al Frank captured his investment convictions in a series of
stock picks that became The Prudent Speculator, the number one-ranked investment
newsletter*, according to Mark Hulbert and The Hulbert Financial Digest.

The Prudent Speculator marks its 40-year anniversary following the same investment
philosophy that inspired Al Frank to hammer out that first four-page issue on a manual
typewriter in his apartment.

At its heart, the monthly newsletter is a bargain hunter that follows a go-anywhere
approach to finding the best stock values. The publication comprises four different
diversified portfolios of between 50-80 stocks. Patience and a willingness to invest for
the long-term in out-of-favor stocks and sectors are hallmarks of The Prudent

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