Standpoint Research is currently ranked risk-adjusted at # 4 versus 192 funds and research firms according to Motley Fool, Briefing.com & Yahoo! Finance through July 9, 2010. They have an algorithm that factors in performance (two-thirds weight) and accuracy (one-third weight), where accuracy is defined as the percentage of recommendations beating the S&P-500 by at least 500 basis points. They have been tracking us since October 2008 and have the 102 recommendations on file time-stamped that we made since then ... 53 are open, 49 were closed. We are in the 98th percentile on performance and 94th percentile on accuracy.

Top 20 (out of 192)
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001 - Einhorn 99.11
002 - Edward Owens 98.63
003 - Rogers 97.64
004 - Standpoint Research 97.30
005 - First Analysis 97.22
006 - Ed Lampert 96.79
007 - Stifel Nicolaus 96.76
008 - Aster 96.74
009 - KeyBanc 96.59
010 - Riley & Co. 96.32
011 - Bank of America 95.95
012 - Barclays 95.94
013 - Snow 95.87
014 - Benchmark 95.82
015 - Wunderlich 95.52
016 - Davenport 95.31
017 - Bill Nygren 95.30
018 - AG Edwards 95.22
019 - Soleil Securities 95.11
020 - Morgan Keegan 95.08
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Notables
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039 – Sterne Agee 92.25
049 – Canaccord Adams 91.10
078 – Oppenheimer 84.49
089 – Wells Fargo 82.83
109 – Edward Jones 75.85
129 – Cantor Fitzgerald 67.12
143 – Calyon Securities 46.03
166 – Lazard Capital < 40.00
173 – Goldman Sachs < 40.00
186 – CL King < 40.00

We have issued more than 300 recommendations since July 1, 2003. We have beaten the S&P-500 for six years out of seven and are ahead of the S&P benchmark by more than 2000 basis points since July 1, 2003. We did this with annual turnover of 40%-60%, without taking big sector bets, and with a diversified relatively low-beta portfolio of mid-cap and large cap stocks.