Seen the 2013 returns for the “Gone Fishin’ Portfolio?”
They don’t seem to have posted it on their website yet. I wonder why?
No matter…because I can calculate the returns of their portfolio for 2013 myself. Here it is:
Gone Fishin’ Portfolio 10.91%
S&P 500 32.39%
Wait a minute. I thought their website claimed that one of their goals was, “It would outperform the S&P 500 over the long haul with far less risk than being fully invested in stocks.”
I’m not done with this subject. More will come in other posts. The reason? I think the “Gone Fishin’ Portfolio” represents a particularly sinister and crafty side of the investment industry. I’ll be expanding on exactly why that is.
In case you need some catching up, I wrote about the “Gone Fishin’ Portfolio” back in July of 2013 after someone I knew asked me about it. Click here for the post.