Our Buy List So Far

We’re half-way through Q2 so here’s an update on our Buy List. Through Friday, our Buy List is up 1.18% for the year compared to 1.63% for the S&P 500. Those numbers don’t include dividends (the S&P 500 yields a bit more than our Buy List, but it’s not a very big factor).

On April 1, we were leading the S&P 500 by 1.37%. That quickly changed and by April 30, we were trailing the index by 1.92%. Bear in mind that in the aggregate, our Buy List tracks the market pretty closely. We need to watch it several months before truly meaningful differences are apparent.

For the month of April, our Buy List lost 2.04% while the S&P 500 gained 0.62%. Most active managers would shrug that off, it’s not a very big gap, but that’s an unusually wide underperformance for our Buy List. Fortunately, May has been much better for us.

As usual, I don’t get too concerned about the day-to-day moves of our Buy List, or even the week-to-week moves. Our Buy List stocks are still strong and I’m confident that 2014 will be our eighth year in a row of beating the stock market.

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Posted by on May 12th, 2014 at 9:35 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.