In my end of the year report I made this observation:
It seemed to me recently that on those days that there was bad news on the general economy, and on which the general market receded, our companies seemed to do well, as a safe port in a storm (they would do well pretty much no matter what the economy did), and on those days our stocks did MUCH better than the averages.
Today seems to be an example. The market is down about one percent with each of my five averages down from 0.8% to 1.2% (due apparently to a US attack against an Iranian General). My portfolio is up 0.1%. Our stocks march to a different drummer.
Best,
Saul