My emotionally charged trades underperformed for the week, alongside the majority of the market. The only quintile of stocks that did well this week were mega caps, higher by 0.42%. Everything else traded flat to down, especially small caps. The SPY, because it’s heavily skewed towards AAPL and other mega caps, was up 0.58%.
My quant portfolio was positioned in mega caps, selecting only the very best fundamentally graded names amongst them, crushed the SPY — higher by 1.1% for the week. I want you to let that sink in for a moment and understand that I’ve created a better way to invest. You can gain access to it, for a fraction of the cost it takes to hire an investment advisor.
Because mega caps outperformed again this week, my portfolio is the same, but with one small addition. I added TLT because it beat out the SPY. I used some of my cash reserves to complete the transaction.
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Since one of the largest hedge funds in the world, the SNB, is stuffed with FAG stawks (+$MSFT) to its gills, correlation is causation; thus, skewed to large caps methinks.
Interesting how superior investment results don’t drive website metrics. Bring back the carnival!
This market plunge will be historical. (one of my ladies told me that; says she knows when things plunge) 🙁