Seeking Perfection

I have spent the week thinking about big-picture and macro-related issues from the perspective of a value guy, and I want to head into the weekend by getting back to my micro, single-company focus. With that in mind, I sat down this morning and ran my perfect stock screen.

To find a perfect stock, I run a screen based on Walter Schloss's investment criteria and add in a requirement for a dividend. This has been a valuable source of safe and cheap stock ideas over the years, and the portfolio has consistently outperformed the stock market. Using a quick-and-dirty back test, this approach has beaten the market by more than 70% on an average annual basis for more than 20 years. More important, there have been only three down years in the past two decades, and the biggest loss was just 15% during a year when the stock market was down almost 40%....347 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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