Taking Action -- Part 2

I described  the first half of a major rebalancing of my large cap GARP portfolio. The purpose is to sweep out the stale, the old, and the lousy names -- based on their earnings trends -- and to create a fresh new portfolio that reflects what I would own today if I was starting from scratch with 100% cash.

The absolute key tenet of my investment philosophy, which has produced the results below over the last 15 years, is that on any given day the portfolio should look like it would on day one. It should reflect your best ideas, the names with the best earnings trends, and the names with reasonable valuations....408 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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