The Novice Investor Trounces The Experts! The February 2015 Spend Matters Stock Portfolio Update [Plus+]


The month of February has probably had less written about it than any other month. In the northern hemisphere anyway, it is often cold and gray, the time when we all get a bit sick of winter and long for the first stirrings of spring. And (dubious lead in there), it has been a bit of a gray month for the stock portfolios of 2 of your esteemed Spend Matters commentators, while stock markets generally have been far from gloomy. The month wasn’t great for our overall procurement stock portfolio, which includes 24 firms that have a procurement angle to their business; from giants like IBM and Infosys, to minnows such as Access Intelligence or Rosslyn. The overall portfolio was up a couple of percent on the month, but is down 1.6% on the start of the year. That is disappointing for our sector, given the stellar start to the year that most wider stock markets have seen.

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