When I advised buying a portfolio of the worst performing shares in the S&P 500 last autumn, some of you may have thought I had gone completely barking mad (US Dog stocks to bark back, 27 September 2012). The 10 shares may have been solid-looking large cap companies with market values ranging from $1.5bn to $36bn, but they also had one other thing in common - in the past three years, share prices of these stock market rottweillers had all fallen by at least 48 per cent.
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