"The Best Stock Picker the World has Never Heard Of" Still Beating the Market (DIA; SPY)

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.
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....

And here is his latest performance, via marketocracy:

RMG1 Recent Returns vs S&P500 (as of 2011-10-21)

Returns	RMG1	S&P500	RMG1 vs S&P500
Last Week	-1.27%	1.00%	-2.27%
Last Month	-1.52%	1.29%	-2.81%
Last 3 Months	-10.37%	-9.13%	-1.24%
Last 6 Months	-6.94%	-8.14%	1.21%
Last Year	6.74%	5.28%	1.46%
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%
Since Inception	517.81%	0.42%	517.39%
(Annualized)	17.54%	0.04%	17.51%

RMG1 5 Biggest Holdings (on 2011-10-21)

Symbol	Name	Price	Shares	Value	% Fund
MA	Mastercard Inc	325.68	4,640	$1,511,155	24.45%
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%
	Total			$3,826,989	61.92%

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.