Week 4 results
I didn’t get a post out last week, before the weekend. I’m blaming kid’s soccer, Indian summer, Badgers/Nebraska, the Packers, and the Brewers. There was too much sports goodness going around Wisconsin last week and I didn’t get around to posting. Not that it’s a big deal, the investing strategy runs itself at this point. The routine was the same: invest in Green Bay, New Orleans, and San Diego. Here were the possible returns:
Green Bay: 0.17 (-600)
New Orleans: 0.33 (-300)
San Diego: 0.31 (-320)
The Green Bay game was interesting in that the spread was 12.5. Typically moneylines are not available when the spread is over 10 points. So it was a nice surprise to be able to invest in that game.
It ended up being a really good weekend. All three teams won for a total return of 0.81. It’s nice to have the portfolio break above 1.0 for the first time this year. We can suffer a down week by one of the investments and still be in the black. Here are the following YTD returns for the portfolio along with the Dow Jones:
Portfolio Return since inception: 1.10 which equates to 10.0% ROI. ROI is calculated by dividing 1.10 by the number of games in which we were invested: 1.10/11 = 0.10
Green Bay: 1.37
New Orleans: 0.163
San Diego: (0.44)
Dow Jones Return since portfolio inception (3.1%). Inception open: 11000. Today’s close was 10655.
Thanks for reading
