At the time, I suggested that those rankings could well be reversed in the real world: that is, the Tortoise Portfolio could well outperform the Hare Portfolio.
I recently checked in on them, and as of May 24, here's how they've been doing:
- The US Tortoise portfolio: -5.5% (Benchmark S&P500 [via SPY] -3.7%).
- The US Hare portfolio: -10.9% (Benchmark Nasdaq Index [via QQQQ] -6.1%)
I guess I'd have to give this one to the Tortoise to date; although both lost against their respective benchmarks, because while the Tortoise lost 48% more than the benchmark, the Hare lost 78% more than it's respective benchmark.
- The Canadian Tortoise portfolio lost 1.1% over the same time frame, compared to it's benchmark, the TSX/SP60 index (via XIU) which had a loss of 6.2%.
So, to date, the Tortoise portfolios are beating the Hare portfolio. We'll check in again later to see how they're all doing.
The Confused Capitalist