Date updated:04-20-2008
My overall philosophy is Buy Llow Sell High, if it don't go up don't buy it.
The portfolio that I've assembled is based upon primarily two criteria:
In evaluating mutual funds I'm looking for the best "jockey's" who also happen to invest in their own funds. With regards to individual stocks I'm looking for undervalued, well managed companies with wide moats, having low or no debt and high ROIC.

-
LLTC
Linear Technology - $26.72
- -0.60%
- $26.70
Great Cash flow. Consistently earns in excess of its Cost of Capital. Leader in its industry. Undervalued at purchase price of $30. Estimated Intrinsic Value at $34 with a range of $27-$40.

-
GE
Gen Electric Co - $15.33
- +6.24%
- $14.98
Inherited, but has steadily grown. I estimate its intrinsic value to be $37, with a range of $32 to $42.

-
DOM
Dominion Res Warr - $16.40
- +0.31%
- $16.30
Average EPS for the last 10 years is $2.99. Estimated Intrinsic Value $29.00 with a range of 23 to 36. Dividend Yield 10%.

-
FAIRX
Fairholme Fund - $28.40
- +0.53%
- $N/A
Bruce Berkowitz: 16-17% annual return over the last five years. Low Turnover (20%) and reasonable Expense Ratio (1.00)

-
TAVFX
Third Avenue Valu - $45.34
- -0.20%
- $N/A
Martin Whitman: 17-18% annual return over the last five years. Low Turnover (7%) and reasonable Expense Ratio (1.08).

-
DODFX
Dodge Cox Intern - $31.60
- -0.09%
- $N/A
Dodge & Cox Funds tend to be well managed. 23-34% annual return over the last five years. Low Turnover (9%) and low Expense Ratio (.66).

-
CGMFX
Cgm Focus Fund - $28.65
- +0.84%
- $N/A
Ken Heebner: Outstanding results over the past five years earning 23-24% per year. Extremely High Turnover (3.33) and reasonable Expense Ratio (1.02).

-
HSGFX
Hussman Strategic - $12.93
- -0.08%
- $N/A
Rule #1: Don't lose money. Hussman Strategic Growth has never had a losing year. The fund tends to move in the opposite direction of the market, providing downside protection. The last three years though the fund has had less than stunning results. Annual returns of 6-7% over the last five year. Above average Expense Ratio (1.14) and Turnover of (.63). Weekly blogs are well worth reading at www.hussmanfunds.com
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A. i bought into ECLP last thursday. . They
compete with CERNER on putting in big
medical records systems into hospitals.
I believe the industry is going to
consolidate as well.
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