We first looked at "Randy" McDuff in 2008. Here's the July 2011 update:
The Oracle of Manitoba: "the best stock picker the world has never heard of"
HUGE Caveat below.And here is his latest performance, via marketocracy:
Back in June 2008 we linked to a Forbes profile:
"Discipline" and "patience" are probably the two most valuable words in value investing. It stands to reason, then, that few places would serve as better incubators for a value investor than The Pas, in Manitoba. Close to polar bear country, where Hudson Bay winds chill the air to 40 degrees below zero and the wait for spring lasts eight months, The Pas is the hometown of Randolph McDuff, a stock picker with an astounding record....
|Returns||RMG1||S&P500||RMG1 vs S&P500|
|Last 3 Months||-10.37%||-9.13%||-1.24%|
|Last 6 Months||-6.94%||-8.14%||1.21%|
|Last 2 Years||22.95%||16.02%||6.93%|
|Last 3 Years||50.98%||31.90%||19.08%|
|Last 5 Years||54.33%||-1.15%||55.48%|
|NVO||NOVO-NORDISK A/S ADR||98.65||10,700||$1,055,555||17.08%|
|CHL||CHINA MOBILE(HONG KONG) ADS||48.16||9,093||$437,919||7.09%|
|KSU||Kansas City Southern||57.33||7,500||$429,975||6.96%|
|CBD||COMPANHIA BRASILEIRA ADS||37.37||10,500||$392,385||6.35%|
Considering the action of the last week/month/quarter/year/decade that is not a bad record.
Here is the month by month report card.
After a 9.49% drawdown in September the portfolio is up 5.58% October month-to-date.
Eat your heart out John Paulson.