just different market indicators. He's been very successful for a very long time.
Long-Term Marketimer © Model Portfolio Performance
Portfolio Dollar Value
on 6/30/2008 Percent
Increase
Portfolio I
($20,000 value on 1-1-88) $250,330 1,152%
Portfolio II
($20,000 value on 1-1-88) $204,952 925%
Portfolio III
($40,000 value on 3-1-90)
(this portfolio has a 50% fixed-income allocation) $201,007 403%
Performance in Recent Years
20 years ended 12-31-2007 for all Model Portfolios:
Portfolio I: 1,319%
Portfolio II: 1,045%
S&P 500 Index: 798% (VFINX)
10 years ended 12-31-2007 for all Model Portfolios:
Portfolio I: 304%
Portfolio II: 211%
Portfolio III: 129% (balanced portfolio with 50% fixed-income position)
Active/Passive: 189%
Total Stock Market Index: 83% (VTSMX)
S&P 500 Index: 76% (VFINX)
5 years ended 12-31-2007 for all Model Portfolios:
Portfolio I: 122%
Portfolio II: 118%
Portfolio III: 72% (balanced portfolio with 50% fixed-income position)
Active/Passive: 110%
Total Stock Market Index: 91% (VTSMX)
S&P 500 Index: 81% (VFINX)
3 years ended 12-31-2007 for all Model Portfolios:
Portfolio I: 35%
Portfolio II: 33%
Portfolio III: 26% (balanced portfolio with 50% fixed-income position)
Active/Passive: 33%
Total Stock Market Index: 29% (VTSMX)
S&P 500 Index: 28% (VFINX)
1 year ended 12-31-2007 for all Model Portfolios:
Portfolio I: 9.2%
Portfolio II: 9%
Portfolio III: 7.9% (balanced portfolio with 50% fixed-income position)
Active/Passive: 6.5%
Total Stock Market Index: 5.5% (VTSMX)
S&P 500 Index: 5.4% (VFINX)