About

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Andrew T. Gillies is Director of Communications at the Center for Audit Quality, an affiliate of the American Institute of CPAs, in Washington, DC. Based in Washington since 2002, he has also worked in editorial and communications roles at the Investment Company Institute, the World Bank, Forbes, and Vault.com. His policy-themed writing has focused on aerospace and defense, energy and environment, transportation, and financial services.

Wednesday, December 13, 2006

A Year Of Beltway Investing

WASHINGTON, D.C. - On Forbes.com this year, we've consistently offered readers ideas for Beltway-themed stock investing. The idea, of course, is that you can profit from businesses that are enjoying legislative, regulatory or procurement-related tailwinds.
So, how are we doing? At least in the short-term, not badly. In 2006, this author wrote 23 Beltway investing columns, which mentioned 107 stocks favorably. They've posted an average total return of 15%, using prices from the date of publication through Monday night's market close, against a return of 10% for the S&P 500 index during equivalent time periods.