Lehman's "10 Uncommon Values" fade?

Discussion in 'Trading' started by a529612, Jun 22, 2006.

  1. "Every year around this time, Lehman Brothers releases its list of 10 Uncommon Values for the next twelve months. The current list is in the table below. According to the company’s website, in the 56 years the company has been compiling the list, “the 10 Uncommon Values Portfolio has significantly outperformed the S&P 500 index.” Unfortunately, the website doesn’t give us any indication of what ‘significant’ means, since there are no actual performance numbers provided. We do, however, have last year’s portfolio, and the returns show that the 57th year of the Uncommon Values portfolio was probably one of its worst. Overall, the portfolio declined by 4.6% vs. a 2.6% gain for the S&P 500. On an individual basis, the results were even more forgettable, as only one of the ten stocks in the portfolio rose in price." -- Birnyi, June 21, 2006