Action Alerts PLUS 2013 Investment Outlook
16.7 percent which is better than the S&P and you know how hard that is playing with one hand behind out back because everybody gets our alerts before we can take action. I always laugh because when I first started, you know, everyone told me in the money management business, 'Well, you idiot. First of all you're revealing your strategy. Second, you're giving them a head start.' You know, what is was always about, giving people a head start, head start in what we're up to, and that's why I feel good about it.
And it's more than just about stock picking. It's also about education which I think is really very valuable for our subscribers. So 2012, unfortunately is behind us. We have to turn the page.
I know. I always felt that way at the beginning of the year when I was a hedge fund manager. It's like, 'Oh my God. The clock started again.'
I know, but we do have some good themes for 2013. So maybe we can through that, a few of them. You can start and we'll throw a few stock ideas in there as well.
Well, talk about there was a great upgrade today of price target risk for Weyerhaeuser and this WY is probably part of our central thesis that the consumer is doing better. And I was listening to Byron Wien, an old friend of mine talk about how bad the S&P is going to do today, and we're stock pickers. I don't really care about how bad the S&P is going to be first quarter, second quarter. You try to find transcendent themes and housing is a transcendent theme, whether it be with our regional banks or whether it be with Weyerhaeuser.