Doing it "the right way"...
I got an e-mail from NAIC (Nat'l Assoc. of Investment Clubs) yesterday. Turns out they are running a contest of their own, so I thought that people might be interested to see how their top stock pickers measure up. Now, keep in mind that these people are doing it "by the book". They have very specific criteria that stocks are required to meet to pass muster (like 10 years of earnings). Probably none of the stocks selected for our own contest would qualify.
So...how did they do? Each contestant started with $5000, and five slots. Here are their results for Q1:
After three months, StockCentral's 25 Top Stock Picks for 2007 and Beyond competitors have rounded the quarter-mile post. Several of the investing gurus have resorted to trash-talking, which this reporter vigorously encourages. The results so far (current holdings):
Mark Robertson - LLTC, WAG, HD, AIG, VUG
Total Portfolio Value: 4,908.77
Ralph Seger - LLL, AMGN, QSII, FAST, LOW
Total Portfolio Value: 4,923.29
Ellis Traub - LOW, UNH, LLL, KNX, LEN
Total Portfolio Value: 4,915.71
Doug Gerlach - EXBD, AMMD, CRAI, PETS, MINI
Total Portfolio Value: 5,199.19
Danny Matthews - LIFC, XOM, COST, BAC, PAYX
Total Portfolio Value: 4,951.34
Wow...I'd hate to see how the bottom five are doing. <g> |
