Everyone in the investing punditry game has to make predictions, so I’ll go out on a limb here and let you know which of the stocks in the Gumshoe universe I’m most excited about for the coming year.
I’m also, so you know, going to be revamping how I present and track the “Idea of the Month” picks to you in the weeks ahead, since the looooong spreadsheet of every idea I’ve ever shared since 2008 is not doing anyone much good. That work isn’t done yet, and we’re still not going to be recommending a particular portfolio for anyone (that’s beyond the scope of what we can or should do), but I want to maintain some more “live” listings of favorite stocks that I like the most — not just an idea that we shared four years ago that was only a good trade for six months, but some different lists of core ideas and speculative picks that can rotate in and out as my opinion or the market changes.
More on that as we work out the details, but I hope that we’ll be able to share something a bit more understandable in 2013, and something that, while it falls short of being a “model portfolio,” more accurately reflects my favorite ideas and the way I think about them as time goes by … and gives a chance both to work with a smaller list of stocks that are followed more closely, and to have the “almost real” discipline of knowing that at some point you can’t profitably add another stock to your portfolio unless you’re selling something else.
So we’re not ready for this complete revamp of the past ideas I’ve shared just yet, but that should be coming over the next month or so as we do our “annual review” — right now, I just want to share my prognostications since several readers have been asking … what are my top ten picks out of the Gumshoe Universe for 2013?
(That “universe,” by the way, just means all the stocks I’ve personally owned or covered, or that I’ve featured in the Idea of the Month over the years — so this is prioritizing stocks I’ve written about and know pretty well, though I’ll mention a couple others that are “outside the universe” along the way, too.)
And no, these aren’t in order....