Investment Club Nation, we think you’ll like this one. Five years of our Groundhog Challenge “in the can” and 58% of participants have outperformed the Wilshire 5000 during a period when only 33% of domestic stock fund managers can say the same. (Only 17% of stock funds beat the market during 2011.)A year ago we celebrated the achievements of the “girls” as Groundhog IV came down to the wire with some of our favorite ladies from Houston to Minnesota battling for the finish line. This year, it’s all about the groups known as investment clubs. The group entries from clubs won the overall championship and locked down four of the top five positions. Our overall winner for 2011 hails from Traverse City, Michigan — is known as the Northern Traders — and was the subject of our Dashboards Diagnostics [monthly webcast] last March. The individual champion for 2011 is Pittsburgh’s own Nick Stratigos. It seems fitting that Nick should win because (1) he’s always near the top of the standings and (2) he can see Punxsutawney, Pennsylvania from his porch.The challenge of long-term investing. We know that we’re better together.Our Groundhog Creed“A group of investors heeding the lessons of Graham, Babson and Nicholson has at least one leg up on the crowd and a better than average opportunity to generate exceptional returns.”For more: http://www.manifestinvesting.com/articles/201202coverBest wishes and Better Investing,Mark Robertson
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra