Long time, no blog – Week 12
It’s been a while since I’ve blogged, so it’s time to post the portfolio results. Since we’ve last chatted the San Diego Chargers have waged some type of personal vendetta against the portfolio and have attempted to single-handedly sink my returns. They are on a 5 game losing streak. Throw in the bye week and the Chargers have not posted positive returns since September. I’m starting to think that San Diego really does mean “a whale’s vagina”.
Look at that, the blog has entered the new millenium with an embedded video. We’re breaking new ground every day.
Unfortunately, it’s not looking good this week for the Chargers as they play Jesus’s brother from another mother, Tim Tebow. Here’s where you might be saying: “why are you complaining, the Packers are 10-0 and you must be cleaning up with them”. Yes and No – The issue is the same as it was for New England in 2007: the Packers have been heavy favorites in most of their games. Here are their last 4 games: -950, -750, -260, and -460. The total return from those 4 games was 0.86. It’s in the black so I’m not complaining but it takes 5 wins like that to cover one loss.
The Packers and Saints both have very tough match-ups this weekend against the Lions and Giants respectively. However we aren’t necessarily getting returns that reflect the strength of the opponent as the Packers are favored by 6.5 (-260) and the Saints are favored by 7 (-300).
Here are the results from the past weekend:
Green Bay: + 0.105
New Orleans: Bye
San Diego: -1.00
Total for the weekend: -0.895
Portfolio Return since Inception: -1.38 which equates to -15.6%
Green Bay: 2.72
New Orleans: -0.18
San Diego: -3.91
Dow Jones Return since portfolio inception 2.9%. Inception open: 11000. It is at 11,320 right now.
To be fair, the Dow had a great run up over the past few weeks and was quite a bit ahead of my portfolio. However it has faded, just like the portfolio.
