Expected Returns, March 2013 -- Manifest Investing

Expected Returns, March 2013

“The most convincing proof of superior management lies in a superior comparative record over time.” -- Benjamin Graham. Going forward, we'll be using a percentile ranking for quality for powerful context.

Quality Ranked: Excellence Measured by Mark Robertson Mar 01, 2013

Placing the quality rating into context is what really matters and what was intended by Benjamin Graham and leader of the modern investment club movement, George Nicholson.

Cognizant Technology by Mark Robertson Mar 01, 2013

The beat goes on with CTSH as a Round Table favorite and one of the top performers in the MANIFEST 40.

Hoard vs. Herds by Cy Lynch Mar 01, 2013

Accumulate Buffalo Discovery

Sweet 16 by Mark Robertson Mar 01, 2013

This month features the top percentile of all stocks covered at MANIFEST on the basis of quality.

Tin Cup Model Portfolio by Mark Robertson Mar 01, 2013

Accumulate CVS Caremark

Quality Legend:
Blue	Excellent with quality greater than 80.
Green	Good with quality between 60 and 80.
Neutral	Average or below average with quality between 20 and 60.
Red	Poor with quality less than 20.
Companies with less than 10 years of history are penalized by 5 points per year.
PAR Legend:
Green	PAR is within the target range of MIPAR +5-10%, currently 5.1%-10.1%
Yellow	PAR is above the target range of MIPAR +10%, currently 10.1%
PAR	Projected Annual Return
MIPAR	The Manifest Investing Median PAR of all stocks in the database.
Company Name Legend:
*	Not covered by Value Line Standard Edition.
b	Uses price-to-book value for valuation purposes.
P/CF	Uses price-to-cash flow for valuation.