Jun 10, 2020 • 3M

Introducing the ATAD Anti-Portfolio

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Join Danielle Morrill as she analyzes publicly traded companies for fun and profit.
Episode details

A smart reader suggested I calculate the anti-portfolio return of A Ticker A Day, and I found this so thought-provoking that I’ve put together a new tab in my track record spreadsheet to find out what this looks like.

Overall, the ATAD anti-portfolio has returned 5.2% versus:

  • 10% for my benchmark ($10 invested in the VTSAX every trading day)

  • 15% for all ATAD picks ($10 invested in each stock at the day’s opening price)

  • 37% for the overall portfolio I’ve blogged (including opportunistic trades)

Learning From the Anti-Portfolio

A few observations on the companies I’ve passed on:

  • 4 companies (14% of passes) outpaced the overall portfolio

  • An additional 5 companies (18% of passes) didn’t beat the overall portfolio, but did outpace the ATAD picks portfolio

  • An additional 2 companies (7%) didn’t beat either ATAD or the overall portfolio, but did outpace the VTSAX benchmark

To see details on which stocks did what, including my biggest mist, visit the spreadsheet. I’ve highlighted the new tab labeled “Anti-Portfolio” with bright pink:

More Details in the Spreadsheet

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