The best way to try to gauge your investment adviser's ability is to evaluate if he adds value over the common benchmarks. The easiest measure is can he beat the S&P 500 on a consistent basis?. I have maintained the Barchart Van Meerten New High portfolio on Marketocracy for over 5 years. How have I done?
Period VMNHI vs S&P 500 = my value added
1 year 28.44% vs. 13.25% = 15.19%
2 year 58.22% vs. 33.29% = 24.94%
3 year 22.41% vs. -17.25% = 39.66%
5 year 92.72% vs. 9.75% = 82.97%
I've beaten the S&P 500 for all time periods
Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.
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