Here on The Cambridge Group board, I often idle away your valuable time with my hopeless dreams of an ideal portfolio that I would like to have if I had the money right now. Of course, I will never have an "ideal" portfolio, since the stock prices of even the best of companies cannot be predicted with 100% accuracy. As it is currently, I own 6stocks, but there are 7 more that I would like to have. I have decided on what percentage I want all of these stocks to take up in my portfolio, but since I'm unable hold these right now, I came up with a solution to satisify my hunger for these stocks. If I invested inthese stocks later, I would wonder how they would have performed, had I invested in them. I can't believe it hasn't occured to me already. I have decided to create a portfolio here on the Fool based on these 13 stocks and their percentages. I call it the Cambridge Index. At 11 am central time on 6/5/01, I marked down the stock prices of the stocks that I would like to hold. Then I converted the percentages to dollars based on a theoretical $1000. (For example, 1000 times .174, etc.) I then took the converted percentage and divided it by the stock price to find its number of shares. I then input this data into a Fool portfolio so that I can track it. Here's my data:Microsoft 174 174 divided by 72.21 is 2.41 sharesCoca-Cola 154 154 divided by 46.65 is 3.30 sharesGateway 126 126 divided by 17.00 is 7.41 sharesAmerican Tower 116 116 divided by 24.86 is 4.67 sharesEdison Schools 69 69 divided by 25.00 is 2.6 sharesAmazon 51 51 divided by 16.57 is 3.1 sharesMcGraw-Hill 51 51 divided by 67.36 is .76 sharesPfizer 51 51 divided by 42.98 is 1.2 sharesCorning 45 45 divided by 19.65 is 2.3 sharesMead 45 45 divided by 28.83 is 1.57 sharesTexas Instruments45 45 divided by 35.90 is 1.3 sharesUPS 45 45 divided by 58.25 is .78 sharesFamous Dave's 28 28 divided by 8.38 is 3.34 shares
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