In late 2010 Peter Switzer set Roger Montgomery a challenge — create a portfolio of A1 businesses that will outperform the market. Whilst Roger does not trade short-term, on Thursday 10 February 2011 he revealed the results of his A1 portfolio. Of the 10 A1 businesses Roger named, the share prices of two rose 25 per cent, another two rose 12 per cent and the remainder returned an average of seven per cent. That’s an average share price appreciation of around 10 per cent in just six weeks! The All Ords returned 5.7 per cent over the same period. Even Roger’s A1 businesses that were trading at prices higher than his Value.able intrinsic value returned an average of 10.5 per cent. It just goes to show that Roger’s Value.able method of valuing only the best stocks, his A1s, and buying them for less than they’re worth, can beat the market. In this interview Roger also shared his thoughts on Telstra following the company’s recent results announcement. Switzer TV with Peter Switzer was broadcast on the Sky Business Channel on 10 February 2011. Visit www.rogermontgomery.com forRoger Montgomery’s step-by-step guide to valuing a company. www.switzer.com.au from Peter Switzer is an online portal for retail investors and small business owners, offering daily news and articles on small business and personal finance. Switzer also provides industry-leading Financial Planning and Business Coaching services.