And that walk is anything but random.
It’s the kind of walk you take after rolling out of bed, rejuvenated while practicing prudent and effective sleep-at-night investing. This morning Eddy Elfenbein rolled out for the SEVENTH consecutive New Year’s Day after watching his 20 Buy List stocks outperform the S&P 500 over the trailing year. Seven years in a row. How many funds have outperformed the S&P 500 every single year over that time frame?
Nada. Zilch. Eddy is officially an outlier.
Here’s the Final Scoreboard for 2013:
Eddy’s Crossing Wall Street “Buy List for 2013”: checks in with an overall performance for 2013 of 38.4%. We’ll be digging deeper into the landscape over the next few days, but suffice to say … beating the S&P’s 31.5% for 2013 wasn’t a walk in the park.
You can find Eddy’s commentary on the 2013 achievers here.
Our entries fared well also … the Expecting Alpha 20 crossed the finish line at 35.3% and our Walking Main Street collection came close at 27.6%. Keep in mind that the universe for Walking Main Street is our MANIFEST 40 — choosing the (20) best positioned stocks for the year. They’re higher quality and widely-followed by our community of long-term investors … and a little susceptible to the flaky stock madness where the lower quality stocks outperformed the bluest of the blue chips in 2013. Eddy’s 20 and our Expecting Alpha 20 are at least sniffing around in a bigger pool of stocks … accessing some of those expanding and promising opportunities.
Out With The Old, In With The 2014 Selections
Eddy’s 2014 Buy List, as always — is a low turnover (no changes permitted during the calendar year) — collection of 20 stocks. They’re predominantly core stocks with a few special situations. Our tracking dashboard for Eddy’s 2014 Buy List is available here:
Crossing Wall Street: 2014 Buy List
We sleep pretty well too. We’ll add our (20) selections from the MANIFEST 40 and our Expecting Alpha 20 for 2014 soon.