Monday, February 25, 2008

Genius Dad Award

As many of you may know, I find much amusement in the financial markets. I generally share this enthusiasm with a few close friends and family. I'd like to give a shout-out to my father-in-law for two fantastic stock picks: DVN and CHK. These two have been on absolute fire since he mentioned them to me almost 3 years ago - up 70% and up 50% respectively, not counting any dividends during this time. You might think that he has mentioned many other companies that I have disregarded. But, in fact, no - these are the only ones. So, a 100% accuracy with an average return in excess of 60% in just under 3 years. Nice, very nice. My only regret: I never acted on his recommendations. But, the good news is that I'm waiting for the next one.

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