Bear,
Congrats on your monthly results, it’s great getting a month like that, especially after having some pain in previous months, makes it all the sweeter.
Just have to comment on one of your last statements, though, and since you brought it up…
The recent thread about correlations between Saul’s portfolio and the FDN was fairly aggravating. No one seemed to mention 2001-2003…
That’s because, as you just stated, the thread was about the correlation between Saul’s portfolio and the FDN, and the FDN wasn’t around in 2001-2003, so what was there to compare in those years?
…2001-2003 where Saul quadrupled his money in just 3 years while the market LOST 12%.
Again, the thread was not comparing “the market” to Saul, and the FDN is definitely not the market.
You really can’t just pick his worst 10 year stretch of his investing career…
Nobody cherry picked “his worst 10 year stretch”, the FDN has only been around from 2007 to present, so those are the only years that were relevant to the discussion.
…and conclude that stock picking must not work!
That wasn’t a conclusion that anyone espoused from the posts I read.
Anyway, congrats again on a great start to 2017, let’s hope we all end the year much better off than we started!