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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (44435)9/20/2011 11:48:21 PM
From: Jurgis Bekepuris1 Recommendation  Read Replies (1) | Respond to of 78517
 
if somebody says or presumes or intends to be a good stock picker, they might get a dose of reality if they compare themselves to what utility stocks have done over any five year, ten year, or longer period.

Did you follow your own advice or is this just ranting on the message board? Any data to support your claims?

finance.yahoo.com^GSPC&c=^IXIC&c=^DJI

A bit better than S&P500, but not much. Worse than Nasdaq (starting in 1999 BTW ;) and Dow. Yes, this excludes dividends - do you have numbers that include dividends?

Overall, IMHO, not impressive.

finance.yahoo.com^GSPC&c=^IXIC&c=^DJI - not impressive either
finance.yahoo.com^GSPC&c=^IXIC&c=^DJI - same

All of these are returning less than 2% annualized pre-dividends. I would rather invest with Paul Senior given his claims of ~12-13% annualized if I remember correctly? :P (Not even talking about Mike Burry. ;) Or Warren Buffett... ;))

finance.yahoo.com^GSPC&c=^IXIC&c=^DJI - a bit more impressive, but shorter period, so perhaps your suggested utility outperformance is recent phenomenon.

If you have another index to suggest, please go ahead.