Adam Monk is the Chicago Sun-Times' stock-picking monkey.
As of the close today, Mr. Monk's four-year market-beating streak has been snapped. His 2007 stock picks returned 3.72% this year compared to the S&P 500's total return of around 5.8%.
But wait, Mr. Monk can still hold his head up high because for the second year in a row, he has beaten the legendary (and I suspect, notorious index hugging) Legg Mason Value Trust run by Bill Miller. LMVTX is down 6.1% on the year.
Mr. Monk has made his stock picks for 2008: MVL, WCG, TWC, ATHR and TDC.
It will be interesting to see what happens at this same time next year. With heavy-weight marketing and Mauboussin in his corner, one can only hope Miller can beat the monkey (and the S&P) in 2008.
Teresa_Lo - am 2008-01-01 02:12 - Rubrik: Finance
Bond investor (anonymous) meinte am 4. Jan, 06:12:
Miller's no index hugger
One look at the LMVTX holdings versus the S&P 500 will demonstrate that. Eric F. woulda done that kind of research before blogging.
Mahalanobis antwortete am 4. Jan, 09:46:
Huh?
Either I have the wrong ticker or you are fucking nuts (actually I think you are fucking nuts anyway, otherwise you wouldn't be so rude):
