The Burrill Select index ended the year up 26.99%, beating the Dow
Jones industrial average's 7.52% gain, the Standard & Poor's 500's 11.39% rise, and the NASDAQ Composite Index's 13.4% advance.
The foolishfour approach was said to have originated from the studies popularized by Michael O'Higgins and John Downes in their book, "Beating the Dow
After beating the Dow
Jones Industrial Average and Standard & PoorOs 500 Index in 2011, Boeing has lagged behind both U.S.
No point in beating the Dow
Jones if your retirement is in Mumbai.
The strategy was developed after I read Beating the Dow
by Michael O'Higgins who suggests that the compound rate of growth to be made by investing in blue chips can be staggering.
"From 1982 through 1998," says Burke, "the Dow Jones industrials gained nearly 19% per year A `quality buyback strategy' using the companies meeting all of our criteria would have gained 21% per year during this period, beating the Dow
12 out of 17 years, with no negative years."