Mark Hulbert Points Out Some Winning Advisers
The last 10 years have been difficult for many investors, however, Mark Hulbert has a list of 10 advisory services that outperformed the market (as measured by the U.S. large cap indexes and the international EAFE index) by a wide margin.
On top was the Closed-End Country Fund Report with an impressive annualized gain over the past 10 years of 11.5%.
SMA Comment: Hulbert attempts to prove that the outperforming letters were not merely benefactors of good luck. Of course, his service would not exist if investors realized that past performance truly has no relation to future performance.
Source:
http://www.marketwatch.com/story/many-have-thrived-in-so-called-lost-decade-2009-11-03?siteid=
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