Portfolio Performance: +12.1% YTD

After a topsy-turvy month, our portfolio gained a percentage point in April. In that time, a few of our stocks (AEM & MFN) dropped 30% or so. The volatility comes with the territory but that doesn’t mean it doesn’t churn my stomach. I also got a bit lucky on timing with Horizon Lines, which really got battered this month by first an SEC raid and then a bad earnings report.  Regardless, I can’t quibble with the results thus far.  The market is catching up a little due to the relief rally over the last few weeks but I wouldn’t put much faith in this rally.

Be careful out there.

More on this topic (What's this?)
Volatility Returns
Read more on Historical Volatility, MineFinders, Horizon Lines at Wikinvest

Leave a Reply

-->