Now that the books are closed for 2016, time to check in to see how my Baker’s Dozen performed. After a blistering first six months, the returns leveled off with losses in the third quarter followed by gains in November and December. For the full year, the portfolio returned a very respectable 19.7% including dividends. No stock posted a loss and 3 posted returns over 30%. This trounced both the S&P 500 which returned 11.9% with dividends and the Nasdaq composite which returned 7.5% for the year.
As we launch into 2017 I suggest you read my blog on investing in a Trump world
Ray Link recently retired as CFO of FEI Company and currently serves on the board of directors of three high-tech companies. He is a CPA and holds an MBA from the Wharton School.