Quick update on recent stock purchases:

* Placed 5% of portfolio into Strayer Education (STRA);
* Placed 5% into Sohu (SOHU);
* Placed 4% into Deckers Outdoors (DECK);
* Placed 5% into Walgreens (WAG);
* Placed 5% into Joy Global (JOY);
* Placed 7% into Quality Systems Inc. (QSII).

The above stocks were purchased in June and July.  You can follow their performance by viewing my spreadsheet which is posted on the Home Page lower section (Click on ‘Current Portfolio’ tab).

These stocks, like all my stock purchases, were bought using the principals outlined in my article: Dave’s Complete Guide to Value Investing.

The percentages placed in each stock were determined using my Kelly Formula for Stock Investing spreadsheet.