Great Portfolio 1
(2001-05/2016, CAGR: >24% p.a.)
We Austrians and Germans hopefully are not infected by the dangerous HOME-BIAS! It may not kill your outperformance, but may dampen your performance in the short-run, and definitely also in the long-run ("recessions")!
You have to search, you have to recheck the correlations between the stocks, you should diversify between the different sectors, then you should be able to achieve a constant outperformance versus the broad US-Stock Market:
Since 2001 this portfolio has been put together (unfortunatelly only ex-post via backtesting ;-), but since 2015 me, Ralph Gollner, I am taking advantage of my research done. The "backtested-portfolio" (Portfolio 1 is consisting of 15 stocks, the same stocks since 2015, but rebalanced each year) is performing again pretty nicely in the current year 2016. The German Stock-Market, represented by the DAX-Index, is no real competition/benchmark for this performance-monster:
In the last diagram you can see, that this portfolio (Portfolio 1/Buy&Hold-Strategy since 2001) is delivering a constant outperformance - against major Stock-Indices around the globe (here the German DAX Total Return in comparison):