Exceptional Batting Average. Consistent out performance of benchmarks.
Since the early 1990s we have recommended sales of well over 250 stocks. Our batting average on these recommendations is over 80%. Our portfolio of short recommendations has never had a year in which it did not out perform its benchmarks. Our record is exceptional when compared to Wall Street research, and when compared to other research sources. We publish our results in excruciating detail every quarter for our clients to see, whether good or bad. Below, please find our year end results published in Adobe PDF format.
Annual Reports 
| Year | Short Positions | Long Positions |
|---|---|---|
| 2007 | +8.5% | -6.2% |
| 2006 | -0.5% | +6.5% |
| 2005 | +3.9% | +10% |
| 2004 | -2.0% | +11.2% |
| 2003 | -18.6% | +57.7% |
| 2002 | +51.7% | — |
| 2001 | +49.6% | — |
| 2000 | +43.4% | — |
| 1999 | -4.0% | +78.0% |
| 1998 | +9.0% | +26.0% |
| 1997 | +13.0% | +0.2% |