The Berman Value Folio was a monthly investment report aimed at identifying undervalued stocks. The Folio ran for approximately five years, from September 21, 2011 through December 31, 2016.
The Folio generated a total return of +117.4.0% over its approximately five years (9/21/2011 – 12/31/2016) — versus the Vanguard S&P 500 ETF (SPY) total return over same time period of +100.5%.
Disclaimer: The Berman Value Folio (TBVF) was published monthly and provided investment ideas. All material in TBVF was copyrighted, 2011 through the present, by Trefis and JBGlobal.com LLC and may not be reproduced in whole or in part in any form without written consent. TBVF was written by James Berman with assistance from Trefis staff. TBVF was distributed by both Trefis and Forbes. Forbes acted only as distributor and was not responsible for, nor did it endorse, any TBVF content or investment ideas. All stock buys and sells were the sole decision of James Berman. In the TBVF portfolio, James Berman was restricted to buying only stocks that were covered by Trefis. TBVF was intended for experienced investors, who understood the risks, costs, mechanics and consequences of investing. None of the content in this newsletter was intended to be, nor should be interpreted as, a solicitation to buy or sell securities. Performance results were based on the TBVF model portfolio and did not reflect actual trading. Actual performance would vary based on a variety of factors, including market conditions and trading costs. TBVF results may not reflect the impact that material economic and market factors might have had on the adviser’s decision-making if the adviser were actually managing clients’ money in this portfolio. James Berman and JBGlobal.com manages other portfolios with different strategies and returns that may materially differ from TBVF results with substantially higher or lower performance results. TBVF model results do not reflect the deduction of any management fees, advisory fees, brokerage or other commissions, bid-ask spreads, tax consequences, and any other expenses that a client would have to actually pay or would have actually paid in a real portfolio. All return figures assume the reinvestment of all dividends. When a stock was bought in the portfolio, it was added on an equal cash-weighted basis at the time of purchase. Past performance does not guarantee future results. Any forward-looking statement is inherently uncertain and cannot be relied upon as a statement of actual performance. If you would like a spreadsheet furnishing a list of all recommendations made by TBVF since inception on 12/21/2011, please send an email request to: firstname.lastname@example.org. Although all content is derived from data believed to be reliable, accuracy cannot be guaranteed. James Berman, JBGlobal.com LLC, Insight Guru Inc., Trefis, TBVF’s publisher and distributor(s) and their employees assume no liability whatsoever for any investment losses as a result of securities purchased on TBVF recommendations. TBVF was not intended to provide personalized investment advice. Readers and subscribers should consult their financial adviser before investment. James Berman is an investor in Insight Guru Inc., the parent company of Trefis, both personally and through the venture fund he subadvises. James Berman, therefore, has a financial interest in Trefis aside from his interest in TBVF. James Berman, JBGlobal.com LLC and employees of TBVF, Insight Guru Inc., JBGlobal.com L.L.C. and Trefis may hold positions in some or all of the stocks in the TBVF, both personally and in the accounts and funds they manage for others. No compensation for recommending particular securities, services, or financial advisors is solicited or accepted.