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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Uncle Frank who wrote (49613)12/29/2001 1:08:12 AM
From: Mike Buckley  Read Replies (2) of 54805
 
stocks are due to post their second straight down year for the first time since 1973-1974.

And for the first time in the eleven years I've been a serious investor, my portfolio has lost to the S&P 500 two years in a row. YUCK! Maybe I should fire my portfolio manager -- me!

Maybe not.

My goal is to double the S&P 500 over the long haul. Despite my negative performance during the last two years, my portfolio outperformed that broad market index by 80% since 1990. Even during the last six years, I still beat the index by 60%. I'm not currently achieving my goal but my portfolio has grown a lot more than if I had taken the easy way of investing in an index fund.

Noting my considerable underperformance during the last two years, I hope my portfolio enjoys the kind of comeback Texas had earlier tonight.

--Mike Buckley
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