I half-jokingly tweeted that a smart investor would look carefully at any company that the anti-Israel idiots want to boycott, because it might make a great investment.
So I decided to test my theory.
Here are all of the publicly traded companies I could find listed on the BDSList.org site, and their stock prices from a year ago and today, with the percentage gain or loss. (Some are only listed on the Tel Aviv Exchange.)
Company | 4/27/2016 | 4/25/2017 | % Gain/Loss |
Afcon | 114.7 | 165.8 | 45% |
Bank HaPoalim | 26.25 | 31.35 | 19% |
Bank Leumi | 13.76 | 17.25 | 25% |
Caterpillar | 78.68 | 104.42 | 33% |
Elbit | 100.21 | 119.19 | 19% |
Hewlett Packard | 12.76 | 18.61 | 46% |
Motorola Solutions | 76.04 | 85.39 | 12% |
Sodastream | 13.9 | 55.34 | 298% |
Teva | 56.23 | 30.76 | -45% |
AVERAGE | 50% |
If you would have invested equal amounts in all these companies a year ago, you would have made an astounding 50% profit. (The Dow Jones Industrial Average gained 16% in that time period. The top funds rated by Kiplinger for the past year made about 30%.)
It is every investor's dream to beat the market. Thanks to BDS, now we can! (And Sodastream, the one company BDS hates the most, has done unbelievably well!)
By the way, this "BDS Fund" also way outperformed the Israel-specific funds I checked out for the past twelve months, so the BDS method of stock picking is truly amazing.
If anyone wants to hire me as manager of their EoZ BDS Mutual Fund, let me know!
By the way, this "BDS Fund" also way outperformed the Israel-specific funds I checked out for the past twelve months, so the BDS method of stock picking is truly amazing.
If anyone wants to hire me as manager of their EoZ BDS Mutual Fund, let me know!