MFI Index

As my readers may know, I have created an MFI Index.  It goes back to 2006 and essentially takes 50 MFI stocks at the start of each year and tracks them for a year.  Then lather, rinse and repeat.  It has underperformed the Russell 3000 index over the same stretch.  The two table below show each indice by year and inception to date:

IWV  Performance
	ITD	Annual
2006	11.40%	11.40%
2007	15.96%	4.09%
2008	-27.00%	-37.05%
2009	-3.27%	32.51%
2010	14.50%	18.38%
2011	13.87%	-0.56%
2012	32.52%	16.38%
2013	41.37%	6.68%
MFI Index  Performance
	ITD	Annual
2006	15.03%	15.03%
2007	7.34%	-6.69%
2008	-33.42%	-37.97%
2009	-3.34%	45.18%
2010	18.67%	22.77%
2011	6.25%	-10.47%
2012	16.56%	9.70%
2013	25.31%	7.51%

So you can see that you would be up 41.37% in the Russell 3000 versus 25.3% via MFI.

Then here is a listing of the 50 stocks that started on January 1st and how they have done for the year and the past week:

Stock	Start	Last Week	Current	YTD Change	Weekly Change
APOL	20.92	20.00	20.12	-3.8%	0.6%
AGX	18.00	19.02	17.37	-3.5%	-8.7%
BAH	13.92	13.84	13.50	-3.0%	-2.5%
CA	21.98	25.03	25.00	13.7%	-0.1%
CPLA	28.23	27.44	29.89	5.9%	8.9%
CF	203.16	229.96	225.82	11.2%	-1.8%
CSCO	19.65	20.83	21.22	8.0%	1.9%
DELL	10.14	13.63	13.47	32.8%	-1.2%
DLX	32.24	37.14	37.77	17.2%	1.7%
DMRC	20.70	21.51	21.53	4.0%	0.1%
DLB	29.33	32.39	31.63	7.8%	-2.3%
GME	25.09	24.69	25.92	3.3%	5.0%
GNI	67.20	75.94	76.64	14.1%	0.9%
GTAT	3.03	3.10	3.21	5.9%	3.5%
HLF	32.94	35.07	35.70	8.4%	1.8%
HFC	46.55	52.77	56.00	20.3%	6.1%
IDCC	41.09	43.60	45.06	9.7%	3.3%
INTX	9.48	10.02	10.23	7.9%	2.1%
ESI	17.31	16.28	17.18	-0.8%	5.5%
JCOM	30.60	31.87	31.65	3.4%	-0.7%
KLIC	11.99	11.65	11.59	-3.4%	-0.6%
LPS	24.62	24.16	25.61	4.0%	6.0%
MANT	25.94	25.18	25.56	-1.5%	1.5%
MSFT	26.71	27.93	27.62	3.4%	-1.1%
NATR	14.48	14.75	14.81	2.3%	0.4%
NSU	4.28	4.17	4.04	-5.6%	-3.1%
NTI	25.44	25.84	28.55	12.2%	10.5%
NUS	37.05	41.80	42.57	14.9%	1.8%
PDLI	7.04	6.88	6.89	-2.1%	0.2%
PETS	11.10	12.91	13.26	19.5%	2.7%
PBI	10.64	13.82	13.84	30.1%	0.1%
POOSF	1.42	1.26	1.05	-25.8%	-16.7%
POZN	5.01	5.46	5.65	12.8%	3.5%
QCOR	26.72	26.40	26.40	-1.2%	0.0%
RTN	57.56	52.67	53.92	-6.3%	2.4%
RPXC	9.04	10.41	10.63	17.6%	2.1%
SAI	11.32	12.30	12.25	8.2%	-0.4%
STX	30.42	33.67	35.65	17.2%	5.9%
SVLC	2.52	2.61	2.56	1.6%	-1.9%
SAVE	17.73	19.21	19.46	9.8%	1.3%
STRA	56.17	57.27	61.30	9.1%	7.0%
TNAV	7.99	8.03	7.18	-10.1%	-10.6%
TZOO	18.99	21.36	21.23	11.8%	-0.6%
UIS	17.30	23.17	24.51	41.7%	5.8%
USMO	11.68	11.78	11.41	-2.3%	-3.1%
USNA	32.93	34.68	41.73	26.7%	20.3%
EGY	8.65	8.55	8.31	-4.0%	-2.9%
VCI	25.78	28.75	28.91	12.1%	0.6%
VG	2.37	2.61	2.43	2.5%	-6.9%
WCRX	12.04	14.05	14.23	18.2%	1.3%
Total	11,656	12,401	12,532	7.5%	1.1%

It is interesting that the much hated PBI (does anyone buy their equipment any more?) is up a snappy 30%.  This gets back to my point from my previous blog posting that it is virtually impossible for average investors to really understand when a stock is so cheap that despite it having hair and warts you can make very good money.  I do wonder (out loud) whether the For Profit Education stocks have reached that point.  Perhaps I will buy one in May.