For performance information regarding our model equity portfolio please see the last page of our latest quarterly newsletter.

It is important to note that we focus on absolute performance.  Our mission is to preserve capital and make it grow.  Although we do not focus on outperforming an index, we believe that our focus on long term, absolute, after tax, after fee, total returns will ultimately allow us to outperform our competitors.

A close examination of our model equity performance data will reveal that while we achieved mostly reasonable returns in the late '90's, we underperformed the S&P 500 significantly.  However, by avoiding those stocks which were the most speculative, and rising the most at the time, we also avoided the dramatic declines that those speculative, former-favorites later experienced.  We successfully maintained our assets through the difficult 2000-2003 period.  This is a key factor in our attractive long term performance results.  Similar speculative periods in the future would likely find us underperforming again, although hopefully still achieving decent absolute returns.