The brutal first quarter, worst in the stock market in five years, comes to a close and I retain my lead in the family stock picking contest, only down 10.38%. The combined portfolio of all participants is now down 15.8% for the year. The only saving grace is that I’m beating the NASDAQ as well as all the European and Asian indices.
| Berkshire Hatha Class B Ord Shs | -5.56% |
| Mindray Medical International Ltd | -32.65% |
| PowerShares Water Resource Portfolio | -10.09% |
| Buffalo Wild Wings Inc | 5.51% |
| Mueller Water Products Series A Ord Shs | -14.08% |
| Central European Distribution Corp | 0.19% |
| Cognizant Technology Solutions Corp | -15.06% |
| Grant Prideco Inc | -11.33% |
Interestingly, one of the most popular searches leading to my site is people searching for info on Berkshire Hathaway. My contention has always been that historically, BRK.B trails in a bull market and does better than the averages in a bear market, and therefore is a relatively safe place in stormy weather; BRK.B is essentially an index fund with no recurring expense fees chipping away at the return.
Best stocks in the cumulative family picks: Buffalo Wild Wings (BWLD), up 5.51%, CVS Caremark (CVS), up 1.91% and Intuitive Surgical, Inc, () up 0.42%.
Worst pick YTD? Suntech Power Holdings ADR, off 50.73%.
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