Table 3: Score (using the score system in my book Scoring Stocks):
Avg. Score
|
Foreign Country
|
Insider’s Purchase
|
1.86
|
6
|
0
|
Annualized
|
-216%
|
The average score is 1.86 (3 is a
passing grade defined in my book Scoring Stocks). Four (out of 11) stocks have
not been scored.
There is not a single stock with
meaningful insider purchase. I have encountered that the lowly-scored stocks with
meaningful insider purchase appreciate more than the average. Unfortunately I
cannot find any proof in this monitor.
There are too many foreign stocks
in this group (not a single foreign stock among the best performers as
described in the last chapter). I usually do not trust the financial statements
of the smaller, emerging countries. If I skipped these six stocks, I would have
saved a bundle. We cannot go back in time, but it is a strong guide for the
future. I do not know why I still bought foreign stocks as they did not perform
well in the last monitor.
.
Luckily I did not place double
bet on any of these losers.
-------
My e-book Debunk the Myths of Investing could save you a lot of money in investing. The above is one chapter out of 105 and some important chapters will not be included in the blog.
http://ebtonypow.blogspot.com/2012/12/special-debunk-myths-of-buffett.html
Sample portfolio for the book.
http://stockportfolios.blogspot.com/2013/03/welcome.html
(c) 2013 Tony Pow
Disclaimer. I'm not responsible for your actions in your investment. Treat this as educational information and past performance does not guarantee future performance.
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