Tuesday, March 13, 2007

The return of "Youch"

OK, I thought that things might be going well after my last post, but, sheesh! My total portfolio was down about 2% today, knocking my IRR down to 21.4%. The IRR of my MFI portfolio is down to 11.2%. It's pretty amazing how things swing from one direction to another. I really don't think I can point to any one stock, either - there's variability, sure - a couple dropped as much as 6% - but others went up, so no one stock was an outlier that drove the portfolio as a whole. I checked the news for some of the companies that were at the bottom end, and there wasn't anything. So this is just the roller coaster of the market for now.

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