Performance Through 11/30/07
HEDGEfolios stock performance for 2007 year-to-date (through 11/30/07 close) was up 21.49%.
Over the same time period, the S&P 500 index was up 4.45%.

At the end of November, the HEDGEfolios universe consisted of 3,544 stocks.
Commentary: HEDGEfolios had an average of 58% DOWN signals during November and advanced approximately 3% while the S&P 500 lost half its YTD gains. I am happy with the performance but the massive volatility made November one of the most challenging months since I started HEDGEfolios. I’ve added a performance chart (above) and will be discussing it in greater detail over the next few days.
Past results:
- 2006, HEDGEfolios performance was +25.54% vs. +13.62% for the S&P 500 index
- 2005, HEDGEfolios performance was +19.99% vs. + 3.00% for the S&P 500 index
- 2004, HEDGEfolios performance was +31.19% vs. + 9.00% for the S&P 500 index
Disclaimer: Nothing in my performance quoting is intended as an advertisement or in any other way meant to encourage anyone to subscribe to HEDGEfolios. These performance figures have not been audited or verified by an outside party and are NOT in compliance with the CFA’s AIMR Performance Presentation Standards. They don’t net out any transaction costs such as commissions or management fees and are not a total return calculation as I do not include dividend yields or any compounding factor. These performance figures cover a hypothetical portfolio of the entire HEDGEfolios stock universe with an equal weighting of each security. The calculation is simply the cumulative total of all gains and losses from the signals during the period in question.

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