Haven't done the math but i'm sure it's still positive or close to break even bidu had really good numbers. But GS and MA pulled it down a lot though in the past two weeks.
Index + 3.9% since June 14 (Hope this is accurate) BIDU 138.24 198.50 +43.59% RIMM 170.80 218.50 +27.93% CHAP 70.27 84.14 +19.74% AAPL 117.50 131.85 +12.21% FWLT 104.29 110.33 +5.79% GOOG 505.22 503.00 -0.44% DDM 94.99 90.33 -4.91% MA 150.29 130.68 -13.05% GS 233.64 179.68 -23.10% Total: +3.90%
Excellent. In the 1.5 months since the index began (6/14) it is 4% while the market is at 3 month lows.
If this is true, it looks like his detractors have done'em the best favor of all (how many professional money managers are making the same boast?). JJ
The positions are not equally weighted, so tracking this "index" is pointless. Turder has been calling the bottom of this correction everyday since it started, so I imagine he hasn't fared nearly as well as his "index" shows.