Back in 2008 and 2009, I had a lot of fun going through 200 of the best small companies from the annual Forbes magazine listing.
Trying to go through 200 companies in a few weeks meant I was constantly reading and thinking, which helped me in my outperformance of the market.
With a lackluster portfolio performance this year, along with my day job becoming more hectic and demanding, it’s time to try and go back to basics and see whether I can build a better portfolio for next year while this volatility remains.
What I’ve been doing is just jotting down basic notes and valuation estimates in a simple watchlist style on my google docs.
My idea for now is to do something similar with the 2009 list of 200 best small companies.
Of the 200 from 2009, 14 were bought out. A 7% rate of being bought out is fairly good and shows that this list has something going for it.
OK. Less talk and more action.
Here is the skeleton spreadsheet I created based on closing price of September 13, 2011.
There are 81 stocks below or at 2009 prices and 105 stocks above 2009 prices.
Download the excel 2007+ file and get cracking.
We can make this a collaborative group project. If you find anything particularly interesting, make a note of it and jot it down in the forum I created for this.