One stock per quarter. Hold 25 years.

This is a public log of long-term equity picks, tracked against the S&P 500 Total Return index.

Read the methodology →

Each quarter, one stock gets picked and held for 25 years. The same fixed dollar amount goes into the pick and into the S&P 500 Total Return index on the same date. No rebalancing means each position is held at its original lot size. Returns include dividends reinvested.

The short list of the four stocks that made serious consideration each quarter is sent to subscribers. The top pick is always public.

Picks

Quarter Ticker Entry Date Entry Price Current Price Cum. Return CAGR * S&P 500 TR Alpha Detail
2025 Q3 WSO Sep 30, 2025 $397.76 $409.09 +2.8% +2.6% +0.3% View →
2025 Q4 NVR Dec 31, 2025 $7,292.77 $6,750.04 -7.4% -0.1% -7.4% View →
2026 Q1 DHR Mar 26, 2026 $187.65 $189.61 +1.0% +5.3% -4.3% View →

* CAGR shown only after 1 year of data to avoid misleading annualization. Returns shown are total return assuming reinvestment of dividends. Stock series use adjusted close prices. Benchmark is S&P 500 Total Return index (^SP500TR). Data updated daily after market close. Last updated: Apr 13, 2026, 1:35 AM ET

Portfolio

Assumes $1,000 invested per quarter

Total Invested Portfolio Value Benchmark Value Portfolio TR% S&P 500 TR% Alpha Portfolio CAGR
$3,000 $2,965 $3,078 -1.2% +2.6% -3.8%
Total Invested $3,000
Portfolio Value $2,965
Benchmark Value $3,078
Portfolio TR -1.2%
S&P 500 TR +2.6%
Alpha -3.8%

Questions about the methodology or a pick? Get in touch.