Investing Round Table (November 2023)

Join us for the BetterInvesting Mid-Michigan Chapter/Manifest Investing webinar THE INVESTING ROUND TABLE, a monthly session of name your favorite stock right now in true roundtable 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 November 2023 Investing Roundtable, hosted by Ken Kavula with fellow directors Cy Lynch and Mark Robertson, showcased the 13-year track record of this investment selection program. The roundtable has achieved a 15.2% compounded annual return versus the Wilshire 5000 benchmark of 10.5%, currently beating the market by 4.7% with a performance accuracy of 47%. The speakers highlighted their portfolio strategy of selecting quality companies at reasonable prices, with Microsoft standing out as their most valuable holding (5 selections totaling over $97,000) and Cognizant Technology as their most frequently chosen stock (15 times, worth approximately $26,000). The program tracks over 100 positions using a $1,000 per selection methodology, accepting choices from both the roundtable panel and audience votes. The discussion emphasized that even single high-performing positions like Microsoft can offset all portfolio losses, and featured analysis of the Manifest Magnificent Seven (Amazon, Apple, Microsoft, Google, Cognizant, Visa, and Fastenal) compared to the traditional Magnificent Seven followed by market analysts.