‘F’ stocks rise to top of class by Kathleen Pender. San Francisco Chronicle, Thursday, November 13, 2003.

So what’s out of whack: the model or the market?

Jon Chambers, a principal with Schultz Collins Lawson Chambers in San Francisco, says the results suggest that Schwab’s approach “doesn’t really work. It shows you how hard it is to come up with a system for beating the market.”