Wifts Investment Group

For the month of February, our portfolio returned -1.75% compared to a return of 2.33% for the S&P500. Our portfolio underperformed the S&P500 by 4.80%.
Year to date, we are down 1.35% compared to a gain of 5.88% for the S&P500. That an overall under-performance of  7.23%. We have been taking some defensive position in the [...]

For the month of January, 2011 our portfolio was up 0.52% compared to 2.33% for the S&P500. Our portfolio underperformed the S&P500 by 1.81%. Not a good start for the new year, but we remained focused on the long-term and try not to get carried away with short-term performance (in either direction). As I mentioned [...]

I apologize for not being able to  post our portfolio updates for the past few months. Here is our end of the year update.

2010 was a good year for us. Our portfolio returned 28.49% for the year compared to 12.78% for the S&P500, which means our portfolio outperformed the S&P 500 by 15.71%. Since we [...]

For August 2010, our portfolio returned -4.46% compared to -4.50% for the S&P500. Our portfolio outperformed the S&P500 by 0.03%.
Portfolio Movers
August was a down month for most of the stocks. The biggest decliner was Acetco Corp (ACET) which was down 17.74% after going up 19% in July. LMI Aerospace (LMIA) and Vicon Industries (VII) were [...]

For July 2010, our portfolio returned 7.41% compared to 6.83% for the S&P500. Our portfolio outperformed the S&P500 by 0.58%.
Portfolio Movers
As we mentioned in our last post, a private equity group has made an offer of $55 for NBTY Inc (NTY). As a result, NTY was up 58% for the month. After a rough couple [...]