Well, Glassman and Hassett wrote in 1999 that the market was undervalued. They might still believe that today, but I'd wager they will not be following this book up with "Dow 10,000 Again!" Speaking of wagering, most small investors would probably be better off if they took their investment dollars to the racetrack. Even a Pick 3 ticket has a better chance of paying off than the stocks these truly motley fools promote. We have learned the hard way that the louder someone shouts to invest, the more likely it is that they've already sold their own shares and are making money the new-fangled way -- cheating the little guy.