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club_cafe: A simple report
That is correct and yet another proof that there is no truly "simple" metric. You get what you pay for!


From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Jim Thomas
Sent: Monday, April 26, 2010 6:27 PM
To: The Club Cafe
Subject: Re: club_cafe: A simple report

> It is also relatively straight-forward to compare this
> YTD return with that of the DJI Industrials, the S&P 500
> and the NASDAQ. The problem with this simple portfolio
> metric ...
 
Among other problems mentioned, likely you are ignoring the dividends paid by stocks in the S&P 500 or other index.