Investing Round Table (February 2022)

Our knights and guest damsels continue to share actionable ideas, including analysis and some portfolio design & management. This continuing series is where we’ll try to identify companies positioned for strong performance … just another component of our series of investors helping investors to discover success in long-term investing.

Mark Robertson and Ken Kavula hosted Manifest Investing's 12th annual Roundtable Awards in February 2022, celebrating investment selections and performance over the past year and across the platform's 12-year history. The roundtable panel, including Cy Lynch, Herb Lemkohl, Susan Michalik, and Matt Spielman, reviewed the results of their investment selections against the Wilshire 5000 benchmark. The program highlighted that the roundtable has achieved a 17.2% absolute return compared to the market's 12.5% return, exceeding their 5-percentage-point outperformance target. The session featured awards in multiple categories including best selection for 2021, best all-time selection, accuracy of picks, and best presentation topics.

The Golden Knight Awards recognized Activision Blizzard as the leading performer for 2021, with the selection benefiting from broad participation across the panel members. Universal Display maintained its position as the best all-time selection for the second consecutive year. Cy Lynch earned recognition for best accuracy on 2021 selections with six out of nine picks beating the market, while Hugh McManus held the all-time accuracy record. The roundtable emphasized their philosophy of selecting quality companies at reasonable prices and noted that over half of their picks have outperformed since selection. Discussed stocks reflected a diverse portfolio approach, including financial institutions like Axos, technology companies including Microsoft and Nvidia, and other varied selections.