I decided to plot the Club's equity curve versus the S&P 500 to get a feel for how we did. From start to finish we made 15%, whereas the S&P lost 45%. I went to all cash in July 2008, which saved us a lot of pain.
Sunday, April 19, 2009
Harris & Harris Investment Club
I started an "Investment Club" with my Granddad in January of 2007. We each contributed a 50% stake in the "Club". We decided to dissolve the Club back in February.
I decided to plot the Club's equity curve versus the S&P 500 to get a feel for how we did. From start to finish we made 15%, whereas the S&P lost 45%. I went to all cash in July 2008, which saved us a lot of pain.
I decided to plot the Club's equity curve versus the S&P 500 to get a feel for how we did. From start to finish we made 15%, whereas the S&P lost 45%. I went to all cash in July 2008, which saved us a lot of pain.
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1 comment:
Nice, Phil. Own and bone.
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