Sunday, March 31, 2013

Q1 2013 Performance Update

The first quarter was another strong one for my portfolio(s). A significant percentage of my holdings are at, or above, fair value and I'm starting to worry that U.S. markets (and many foreign markets) are getting overheated. While I'd rather hold overpriced shares of a good company than undervalued shares of inferior companies, I will likely be looking to shift some capital towards stocks with more compelling valuations.

Q!'13 Performance
Portfolio A - +15.2%
Portfolio B - +9.4%
Combined Portfolios - +13.2%

S&P 500 - +10.0%
Nasdaq - +8.2%
Russell 3000 - +10.5%

Please note that the market performance figures do not include dividends, which I would estimate would add about 0.5% to the S&P 500 performance number. 

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