To Find Hotter Funds, Go With The Winners -- and the Losers You may have heard about "Dogs of the Dow" - buy the worst performing stocks of the last year, and hold for at least one year. This is a new strategy - buy the best or worst performing funds of the past year, and hold for a year. Article by Jonathan Clements at the Wall Street Journal Online - WSJ.com - Login. "If you buy last year's top-performing stock funds, you have a good shot at earning market-beating results over the next 12 months. What if you buy last year's worst performers? That, too, could earn you superior returns." Interesting strategy - avoid the middle performers and go for the best or worst.