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

27 May 2007

A rising tide lifts all bass boats

It's been a while since we checked in on the White Trash and Minor Vices Portfolio.

As of Friday's close, it's humming along nicely, up 5.4% since inception.

But in this rising market, instead of beating the Dow, the Dow is (right now at least) beating our overalls off.

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 8.9%
  • SPY, an ETF which tracks the S&P 500, is up 6.32%
  • VTI, an ETF which tracks the performance of the broad US stock market as a whole, is up 5.96%
  • IYC, an ETF which tracks the Dow Jones Consumer Cyclical index, is up 3.14%.

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