For the past couple weeks (and for the next several weeks) I am publicly reviewing my Watch List. This is an important task that all investors should do on a regular basis. Analyzing your investments to make sure they are performing to your standards is essential to your success as an investor. While I am not as popular at Jim Cramer, I do like to follow his advice and announce when I change my mind on a stock.
This week, I removed Caterpillar [stckqut]CAT[/stckqut], Chipotle [stckqut]CMG[/stckqut], and Carbo Ceramics [stckqut]CRR[/stckqut]. For different reasons, each of these companies was not performing to my expectations. If you want to understand this logic, you should read my book, The Confident Investor. You can purchase my book wherever books are sold such as Amazon, Barnes and Noble, and Books A Million. It is available in e-book formats for Nook, Kindle, and iPad.
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