Wednesday, June 20, 2007

Volatility Rules

Well, besides Home Depot (HD) announcing a major share buyback and asset sale, Nuveen (JNC) getting a buyout offer, and the Wilshire 5000 dropping 200 points in one day, it's really boring out there.

Throughout all of this fuss, the portfolio keeps plugging along, and even with all the turmoil, we are still beating the Wilshire by around 2%, not counting dividends. I suppose we could do worse...