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Here’s the Buy List for 2007:

AFLAC (AFL)
Amphenol (APH)
Bed Bath & Beyond (BBBY)
Biomet (BMET)
Donaldson (DCI)
Danaher (DHR)
FactSet Research Systems (FDS)
Fair Isaac (FIC)
Fiserv (FISV)
Graco (GGG)
Harley-Davidson (HOG)
Jos. A Bank Clothiers (JOSB)
Medtronic (MDT)
Nicholas Financial (NICK)
Respironics (RESP)
SEI Investments (SEIC)
Sysco (SYY)
UnitedHealth Group (UNH)
Varian Medical Systems (VAR)
WR Berkley (BER)

I’ll start tracking their performances on January 1. As the rules say, I can’t make any changes for the entire year.

You might think the list looks very familiar. Well, you’re right. I’ve only made five changes. Some of you might be surprised but such little activity, but it’s actually quite reasonable. This implies a holding period of four years. Investing is one of few areas where doing nothing is often the best thing that needs to be done. And frankly, I like to think of myself as a pioneer in the field of idleness.

The five stocks I’m removing are:
Brown & Brown (BRO)
Dell (DELL)
Expeditors International (EXPD)
Home Depot (HD)
Wachovia (WB)

The new additions are :
Amphenol (APH)
Nicholas Financial (NICK)
Graco (GGG)
WR Berkley (BER)
Jos. A Bank Clothiers (JOSB)

I’ll discuss these stocks more in the days ahead. I’ll start tracking the new stocks at the start of the year. Just like this year, I’ll consider the stocks to be equally weighted on January 1.

Posted by edelfenbein at December 15, 2006 10:46 AM