We certainly had overall very poor performance in this contest. Compared to the major market indexes it was serious underperformance, evidently caused by broad underperformance of microcaps and value stock.
I wonder if it was the worst relative performance for any contest in history ?
Mr Sheep was DOWN a whopping 31% and the average portfolio was DOWN 10% versus gains of 9% for the S&P500 and 3% for the Russell 2000. Yikes !
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