December 12, 2011
Barrons Picks For 2011, Looking Back
Every year Barron's produces ten stock picks for the next year and the last issue gave us those picks along with the results for the picks from last year.
To their credit, Barron's doesn't shy away from their results (unlike your stockbroker).
Bottom line is that the picks for 2011 have produced a return of -6.9% compared to the S&P 500 return of -1.9% (as of 12/9/2011).
I bring this up because it shows yet again how hard it is to keep up with a simple index like the S&P 500. Imagine how your stockbroker is faring (after charging you some hefty fees) if the smart guys at Barron's can't beat the index!
Posted by Scott Barclay