- Enlightened-American Portfolio: +7.3% in 2012 (my actual IRR, including cash balance)
- Dow Jones Industrial Average:+6.1%
- Nasdaq: +13.3%
- S&P 500: +8.5%
- DJ Wilshire 5000: +9.1%
- Russell 2000: +8.5%
As I have often mentioned, my primary investment objectives are to outperform in down markets and keep within shouting distance during up years. 2012 has started with a serious bang and my portfolio is lagging most major indices by 1% – 6%. However, I stand by my cautious approach — when markets have logged their biggest gains is when investors should be wary.