Wednesday, July 25, 2007

CSD is disappointing

It was fun while it lasted, but CSD is no longer beating the market. In fact, since June 19 it has actually underperformed the S&P 500 by 2%. I'm officially removing CSD from my portfolios.

There are two lessons here: (1) don't trust any individual stock fund for defense, and (2) don't rely on a specialty fund for long-term gains based on a few months of outperformance.

No comments: