Ten years ago, Tom Gardner boldly picked 10 stocks to buy and hold for the next decade.
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Even with a tough week in which Silicon Graphics filed for bankruptcy and Dell admitted its business is not at all like it used to be, the Simpleton Portfolio would have returned more than six times your money had you invested on day one. For context, consider this: Over the same period, the S&P 500 gained approximately 135%.
Quite a nice record. Fool.com is an excellent web site worth reading for investing education (they do force you to provide an email address, which I think is a bad practice for web site usability, but the content on fool.com is worth putting up with the bother - just use the email address you have to deal with these types of hassles).
You can track the performance of a "virtual fund" based on my 10 stocks for 10 years (original post - apr 2005). I created the Sleepwell fund on marketocracy (this fund includes occasional adjustments - 4% turnover in the last year): Sleepwell investment results.
Investment links:
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