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Meet George Putnam
A graduate of both Harvard Law School and Harvard Business School, George Putnam, III first became involved with distressed securities as a lawyer in the late 1970s. He founded New Generation Research, Inc. in 1986 after seeing how profitable turnaround stocks could be as a result of the fear and misunderstanding of many investors. Since the first issue of his flagship publication The Turnaround Letter hit the presses back in 1986, Putnam has consistently practiced the same straight-forward and profitable contrarian investment philosophy.
As a distressed investor, Putnam does not follow the crowd. His Turnaround Letter purchase recommendations avoid “blue chips” and “hot” stocks—instead cherry-picking select “troubled” companies poised for a rebound. His strategy is simple: Beaten down stocks with genuine value will prevail regardless of the overall market.
The key to profits with turnaround investing lies in skillful analysis and decades of proven experience—separating those companies that will recover and, ultimately, return to favor from those that will not. Like many things in life making this distinction is often easier said than done, and The Turnaround Letter's performance returns and impeccable reputation speak for themselves.
Frequently interviewed by Barron's, The Wall Street Journal, New York Times, Kiplinger, The Fiscal Times, MoneyShow.com and other financial publications, Putnam has been named USA Today's "Investment Advisor of the Year." In addition to his responsibilities at New Generation Research, Putnam also managed a hedge fund focused on distressed situations and serves as a Trustee for the Putnam Group of Companies Mutual Funds, which have over $700 billion in assets.
George Putnam's straight-forward stock market strategy has brought his readers a 15-year annualized return rate of 11.0% (as of 12/31/15)—versus the S&P 500's 2.9%. Take a look at these The Turnaround Letter returns (as of 12/31/15) compared to the S&P 500 and the more broad-based Wilshire 5000 over the years:
Source:Hulbert Financial Digest
Turnaround Letter readers also realized significant gains on many of 2015's closed out purchase recommendations, with an average of 53% stock profit (through 12/31/15). Putnam's Turnaround Letter's average profit on closed out stock picks since 2005 was 63%, as indicated in the chart below:
One of the longest-running investment newsletters on the market today, George Putnam's Turnaround Letter will show you how to lock in your own double-digit stock profit and long-term investing success!