Round Table (June 2026)

We have One Job. Actionable ideas.
The June 2026 edition of the Round Table will return to our traditional FREE and free-wheeling format generally held on the last Tuesday of the month at 7 PM ET.
The tracking portfolio for the Round Table stands at 16-17% since inception (16 years ago).
Our cadre of stock selection knights will share some of their best current ideas while maintaining a tracking portfolio of monthly selections that now spans nearly eleven years. The Knights are Ken Kavula, Cy Lynch, Hugh McManus and Mark Robertson.
The Knights of the Mid-Michigan Round Table present an online monthly discussion centered on creating a portfolio that will beat the market indexes by at least five percentage points. They aim for at least 50% of their picks to beat the market as well. Each month, they examine the progress toward these goals and then make picks to add to the tracking portfolio. Occasionally, they even jettison a position. Along the way, the Knights will answer many questions about investing and discuss topics such as technical indicators, fundamental stock evaluation and analysis and more.

This Mid Michigan Roundtable meeting, hosted by Ken Kavula and featuring Mark Robertson (President of Manifest Investing), Kevin from the Maryland Chapter, and Ann Manning from the Houston Chapter, provided a comprehensive review of the Manifest Investing portfolio's performance and an in-depth analysis of Netflix. The group discussed their 16.5% average annual return over nearly 17 years, outperforming the Wilshire 5000's 15% return, while noting recent underperformance due to smaller and mid-sized company weakness relative to the Mag 7. Mark Robertson highlighted that despite the broader market challenges, the portfolio maintains strong representation across both large-cap tech stocks and smaller companies, with four of the top five holdings being Mag 7 stocks. Ann Manning delivered a detailed fundamental analysis of Netflix (NFLX), examining its competitive position against Disney+, Prime Video, and Max, its business model evolution, key strengths including brand recognition and pricing power, and identified it as a "triple play" investment opportunity with double-digit growth projections, a reasonable current PE ratio of 23.8 versus a projected average of 34.5, and steady margins.