2007 Contrarian Portfolio: Performance Update
The market has not been kind to our 2007 contrarian portfolio.
If you don't have anything nice to say, don't say anything at all. Wise advice in general--but if we took that to heart regarding our 2007 contrarian portfolio, our update would end right here.
The danger of providing quarterly updates on a long-term, contrarian-based portfolio is that the short-term results have a good chance of looking quite ugly. This continued to be the case during the past three months as we most certainly have not been in a contrarian market.
Patrick O'Shaughnessy does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.