- posted 10 years ago
A year ago discussion about mutual funds, risk and diversification, v.
stock picking, prompted me to slap together 10 stocks (for the benefit
of those from Missouri). There was also discussion about the end of
the world. It has not quite been 365 days, but I added up some numbers
today for the trailing earnings (about four hours, including reading
about the businesses). Next year looks to be better than this year,
but managements are marginally cautious, for the most part.
Most importantly, the earnings of the portfolio dropped from $8,838 to
$6,938. Those are roughly comparable after GAAP and non-GAAP
adjustments, continuing ops, mergers and acquisitions, share
repurchases, and so on. The PE has increased from 11 to 21. Of the
five dividend paying stocks, four increased, one lowered. Total payout
Comparative performance was less than I actually expected, but the
market has risen more than I expected, Seven stocks outperformed the
market, three under-performed. I should'a ....