David R. Fried is editor and publisher of The Buyback Letter, the only investment newsletter devoted to finding opportunities among companies that repurchase their own stock. Its "Indexed Portfolios" have beaten the S&P 500 index since their introduction in March 1997 by a three-to-one margin through the end of 2001. Additionally, The Buyback Letter was ranked number one for risk adjusted returns among stock picking newsletters by The Hulbert Financial Digest from 1/97-12/01. His asset management firm makes separate investor advisory and money management services, which utilize the "Buyback Strategy" principles. He has been a guest on Bloomberg Television, CNBC's Money Club, Squawk Box, and Market Wrap and has been profiled in the The New York Times, Los Angeles Times, USA Today, Barron's, Forbes, Business Week, Bottom Line Personal, and other publications.
Our Buyback Premium Portfolio is beating the S&P 500 by more than 207% since its inception in 2000; the portfolio is up 382.66% since inception vs. a gain of 175.03% in the S&P 500 over the same time frame, notes David Fried, buyback specialist and editor of The Buyback Letter.
We bought and sold cable service provider Charter Communications, Inc. (CHTR) four times since 2019 with the most recent being in April 2021, recalls David Fried, buyback specialist and editor of The Buyback Letter.
We last bought Memphis-based AutoZone (AZO) in July and sold a few days later for a gain of 42%. We've bought AZO about 10 times over the last decade, asserts David Fried, editor of The Buyback Letter.
To help the cream rise to the top, I maintain a personal hot list of today’s most compelling buyback stocks. I carefully research and monitor the stocks on my hot list, considering them as potential buys for the Buyback Premium Portfolio, explains David Fried, editor of The Buyback Letter.