When the going gets weird, the weird turn pro. - Hunter S. Thompson

08 April 2007

White Trash Update

Last week was a better one for White Trash on Wall Street; the White Trash and Minor Vices Portfolio is now up 1.1% since inception, helped along by solid performances in the "beverages that are bad for you and made by companies with hyphenated names" (aka Brown Liquids) category (Brown-Forman, Anheuser-Busch, and Coca-Cola) and a surprisingly good showing from Ford.

The spinoff of Kraft Foods from parent company Altria has been a net win as well.

Over the same time period, exchange-traded funds (ETFs) tracking the major indexes performed as follows:
  • DIA, an ETF which tracks the Dow Jones Industrial Average, is up 1.3%
  • SPY, an ETF which tracks the S&P 500, is up 1.1%.
  • VTI, an ETF which tracks the performance of the broad US stock market as a whole, is up 1.15%
  • IYC, an ETF which tracks the Dow Jones Consumer Cyclical index, is up 1.67%.
Never let it be said that white trash can't keep up with the Dow Joneses.

And once again, the complete White Trash portfolio is comprised of:
  • BFB - Brown-Forman Corp. Cl B
  • BUD - Anheuser-Busch Cos. Inc.
  • CHB - Champion Enterprises Inc.
  • F - Ford Motor Co.
  • GM - General Motors Corp.
  • IGT - International Game Technology
  • KO - Coca-Cola Co.
  • KFT - Kraft Foods (not part of original portfolio; spun off by Altria)
  • MCD - McDonald's Corp.
  • MO - Altria Group Inc.
  • WMT - Wal-Mart Stores Inc.
Happy investing!

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