A Bevy of Buffett's Best
Twice a year, Standard & Poor's updates its Promising Growth Portfolio (PGP), a screen that uses criteria emphasized by legendary investor Warren Buffett (see BW Online, 2/10/06, "What Would Warren Do?"). The screen has had a pretty good track record. From its inception on Feb. 13, 1995, through Apr. 30, 2006, it had returned 440%, vs. 117% for its benchmark, the Standard & Poor's 500-stock index. Of course, the stocks on the PGP screen aren't necessarily ones that Buffett has bought or ever personally plans to buy.
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