Long time readers of Controlled Greed know David Webb. Every year he offers a Christmas stock tip on his Hong Kong-based Webb-Site.com.
You can find his 2008 Christmas Pick here. Beware there are risks, as with any single stock. But when reading the piece we see his 9-year record is eye-catching. From the linked article:
What this table shows is that if you put $1,000 into the first pick, and rotated into the next
one each year, you would have made 357.8% and would have about $4,578 by now,
a compound average gain of 18.4% per year. By comparison, if you invested
the same amount in the Hang Seng Index 9 years ago, and reinvested the dividends, you would now have about $1,312,
a compound average gain of 3.1% per year. So our picks have
out-performed the index by 248.9% over 9 years. Both the stock and index
calculations exclude transaction costs.
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