Thursday, March 22, 2007

Dual Buffett Strategy

Christopher Rees' wild life is the stuff of Jimmy Buffett songs. His investment track record is more like Warren's.

Chris Rees may be the best virtual portfolio manager in the world. In terms of five-year performance his 44.6% annual return, as measured by Marketocracy.com, is the No. 1 of all 88,000 online portfolios it tracks. Still, Rees is quick to point out that he is not "a very smart" guy.

Forty-seven years ago at age 10, British-born Rees was pegged by his teachers, as he puts it, "to shovel horse manure on loganberry plants." Rees never went to university and instead left his home in Stony Stratford at the age of 16 to see the world. Over the next 20 years, that is exactly what he did.

These are the first three paragraphs of another Armchair Guru column I recently posted on Forbes.com. This guy is an amazing stock picker. If you click through on the link below, you can read the full story and get his top five stock holdings. If you are interested in investing in a portfolio tracking Rees' picks you can contact Marketocracy.com.

Link