We recently came across a great post by Tom Brown, a leading hedge fund manager specializing in banking and other financially-related equities. By offering a window into the thought processes of a successful investor going thru a major stock correction, we think the article may be useful for other investors facing stock declines.

In the book "Innovation and
Entrepreneurship", famed management guru, Peter Drucker, provides
a two-line description of the entrepreneurial process that we think can
be modified somewhat to provide an excellent summary of the investment process we, and many others, advocate.

Drucker states: "Systematic innovation therefore consists in the purposeful and organized search for changes, and in the systematic analysis […]

Due to requests from several subscribers, we have prepared an updated
spreadsheet, which details the returns from the picks we have mentioned
on EnvoyGlobalResearch.com and CasinoCapitalism.com over the past year.

To access this spreadsheet, please click here.

We’ll note briefly that since starting this site a little over a year
ago, we have profiled 30 companies. Out of our 30 […]