You can read the full article here, but in case you missed it, Michael's system is simple: He uses a blend of fundamental and technical analysis to weed through the stock holdings of 20 of the market's most prominent investors and picks the best stocks from each of their individual portfolios.
This system has two profound benefits. For one, each of these guru investors has teams of analysts, money managers and traders to help with research and analysis. So when one of them picks a stock, you know it has been vetted by some of the greatest financial minds in the industry.
But this "Guru Investing" system also has the added advantage of reducing risk. By selecting just a handful of stocks from these investors' holdings (Michael only recommends the best 10 stocks he finds), you're ensuring you own only the best picks in their portfolios that, after being vetted by Michael's system, have the brightest fundamental and technical outlook.
So far, his system has worked well. On Friday, one of Michael's favorite guru stocks -- Micron Technology, Inc. (NASDAQ:MU) -- touched a new 52-week high of $18.55.
Michael first brought this stock to the attention of his readers back in May, when it was trading around $11.23 a share. At the time, his system was signaling "buy." Since his recommendation, the $18 billion computer chip manufacturer has surged 65%.
What first attracted Michael to the stock was its ownership profile. Not only is this stock owned by billionaire investor George Soros, you can also find it in the portfolios of lesser-known gurus Seth Klarman, founder of Baupost Group, and Steve Cohen, founder of SAC Capital Advisors.