Investing Round Table (March 2022)

Join us for the Investing Round Table, a monthly session of name your favorite stock right now in true round table fashion. The round table knights include small company champion and Mid-Michigan Director Ken Kavula; Cy (MythBuster) Lynch; pharmaceutical scientist Hugh McManus; and Manifest Investing’s Mark Robertson who will analyze their favorite stocks. The team will be identifying companies positioned for strong performance and share some ideas about their potential. The tracking portfolio has an annualized total return (since July 2010) of 17.6%.

Mark Robertson, Ken Kavula, and Cy Lynch hosted the March 2022 Investing Roundtable, the latest in a series running since 2010. The event focused on celebrating a time-honored tradition of the Modern Investment Club movement: aiming to beat the market by 5 percentage points. The speakers reported that their tracking portfolio has achieved a 17.6% internal rate of return since July 2010, compared to 12.5% for the Wilshire 5000 Index, resulting in a relative return of 5.1 percentage points—exceeding their target. The portfolio, containing approximately 80 positions, is tracked through mirroring investments where each stock selection is paired with a simultaneous $1,000 investment in the Wilshire 5000 benchmark. The discussion highlighted how the Better Investing methodology tends to underperform in extremely hot markets but outperform during downturns, with recent volatility and market challenges contributing to improved relative performance. Key positions discussed include Microsoft (five-time selection worth $79,000 from $5,000 invested), EPAM (seven-time selection), Cognizant (15 selections), Costco, and Amazon. The roundtable also addressed portfolio holdings and candidate stocks for consideration, emphasizing the methodology's focus on identifying quality companies at reasonable prices.