January 2009

"Yes, But Apart From That Mrs. Lincoln,
How Did You Enjoy The Play?"

In spite of the worst stock market in decades, our program had a pretty decent year. About two dozen of our new graduates secured positions in the investment field. We had record attendance at our annual investment conference in April. Our program was featured in several financial publications including BARRONS and U.S. News and World Reports. Finally, we enjoyed the opportunity of a lifetime when, in October, I joined 27 of our students on a visit to Omaha, where we spent the day with legendary investor Warren Buffett.

Shelter From The Storm

The bear market left few stocks un-scathed however, there were some winners in our BURKENROAD REPORTS coverage universe. EnergySouth became the twenty-second company in our coverage universe to be bought out since we started this academic program in 1993.

Amerisafe + 32.78% Specialty Insurer
Cal-Maine Foods + 13.26% Egg Producer
EnergySouth + 9.50% Natural Gas
IBERIABANK + 5.62% Banking
Sanderson Farms + 3.78% Chicken Processor

BARGAINS ON THE BAYOU ?

Please join us for our 13th Annual BURKENROAD REPORTS Investment Conference on Friday, April 24, 2009 at the Chateau Bourbon Hotel in New Orleans. This popular event is free and open to the public and provides individual and institutional investors an opportunity to meet management and learn more about some of the region's top public companies.

The Thrill is Gone

Most of the biggest losers last year came from the energy industry. Share prices in this sector had risen dramatically over the last few years but tumbled when the bottom fell out of commodity prices in the back half of the year.

Tiny Dancer

Small cap stocks, like the ones we follow at BURKENROAD REPORTS, often lead the pack when the markets eventually bounce back.

RETURNS FOLLOWING BEAR MARKETS SINCE 1929

Long Time Gone

There is no denying that the last several months have shaken even the most seasoned long-term investors. The stock market appears to have already priced in a dismal economic outlook. It's important to remember that the market is a leading economic indicator and should begin to recover several months before the economy regains traction.

Again, this year we would like to thank Aaron Selber and the Burkenroad family for their continued support. The City of New Orleans is making great strides and was recently named the "Best Domestic Business City" by Global Traveler Magazine. This past year Tulane University received a record 34,000 admission applications (for just 1600 freshman slots). All of this has many in the area whistling a happy tune.

The 14th BURKENROAD REPORTS INVESTMENT CONFERENCE will be held at the Sheraton New Orleans Hotel on Friday, April 23, 2010. Reservations for this event can be made here. Room reservations at the hotel can be made by calling 888-627-7033. Please mention that you are part of TULANE BURKENROAD REPORTS INVESTEMENT CONFERENCE. For information about the conference you can call (504) 862-8496.

Peter Ricchiuti
Founder & Director of Research
BURKENROAD REPORTS

"Genius is nothing but a greater aptitude for patience"
~Georges-Louis Buffon