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A January 3rd publication of The Wall Street Journal highlighted the contrarian approach that many Turnaround Letter subscribers have become accustomed to. Author Mark Hulbert believes that “following last year’s stock market is a risky bet” and has cited George Putnam’s The Turnaround Letter with the best 15-year returns.
"While there is no magical track-record length on which you should always focus, 15 years is a good rule of thumb,” says Hulbert. "The investment newsletter with the best 15-year returns, among those monitored by Hulbert Financial Digest, is a service titled The Turnaround Letter, edited by George Putnam.”
Many potential investors rush to the big winners from the year before, only to be disappointed by big losses, but Hulbert stresses the need for a reliable, knowledgeable adviser like George Putnam to guide investors for 15 years, rather than 12 months. For such long run strategies, The Turnaround Letter remains a top choice for distressed investing professionals.