Marsh & McLennan Companies, Inc. continues to lead the way with a gain of nearly 30% since I first made mention of it. You can check out my original analysis here: Boring Is Beautiful: Marsh & McLennan Companies
Six of my nine picks are in the black.
Sometimes “simple” businesses can be the most attractive (and profitable) to own for the long haul. Continue reading
I’m glad to be back after a six month hiatus. Look out for more analysis and stock picks. In the meantime, I have updated the “My Scorecard” page to track how my picks have been doing.
As I consider myself to be a long-term investor, I take short-term disappointment in stride…not a few months does a successful investment make. Having said that, periodic performance reviews should be undertaken to ensure the ‘story’ that lead you to invest in the business in the first place has not materially changed (i.e. obsolescence, regime change etc.) and the businesses are still attractive for the long haul. Continue reading