In the early discussions regarding the putting together of an SI Portfolio versus the Buffett Portfolio, my understanding was that the performance of the 10 stock SI Portfolio would be measured against the existing 10 stock Buffett Portfolio that I had put together when doing a comparison against the 10 stock Sergio H Portfolio.
That 10 stock Buffett Portfolio consists of :-
COST, GCI, GSK, IR, JNJ, KO, PG, SNY, UPS and USG.
The reason I bring this up is because I read the following in one of E_K_S’s posts …..
”Remember, the goal is to develop a 10 stock portfolio that in 36 months shows a better overall return than the WEB portfolio of 38 companies”
According to that comment it appears that there is the understanding amongst some that the performance of the 10 stock SI Portfolio is to be compared to the performance of Buffett’s total 38 stock Portfolio.
If my initial assumption was wrong, then fine, no problem.
I just think that we have to be clear as to what we are comparing with what, and that there is acceptance of that by the majority.
This could have an impact on item (6) of our proposed "Rules". |
