Value Investor Guru Portfolios Returns

Portfolio	Based On	Return	S&P 500 Return	Excess Return
Price/Sales Investor	Kenneth Fisher	269.3%	110.9%	158.4%
Validea Hot List	Validea	224.3%	110.9%	113.4%
Growth Investor	Martin Zweig	218.6%	110.9%	107.8%
Value Investor	Benjamin Graham	209.6%	110.9%	98.7%
P/E/Growth Investor	Peter Lynch	184.9%	110.9%	74.0%
Earnings Yield Investor	Joel Greenblatt	114.8%	66.8%	48.0%
Patient Investor	Warren Buffett	145.6%	98.8%	46.9%
Growth/Value Investor	James P. O'Shaughnessy	156.1%	110.9%	45.2%
Low PE Investor	John Neff	84.8%	89.7%	-5.0%
Contrarian Investor	David Dreman	47.6%	110.9%	-63.3%