Model Portfolio update 04/13/2023 – My Guru’s portfolio is being removed

The SwingTrader.Trading website is removing the Model Portfolio My Guru’s.

The My Guru’s portfolio was composed of stock selections from several very successful Guru’s who have a proven track record and proven skill. However, one of the Guru’s has stepped down and been replaced with an unproven rookie. This Guru is responsible for at least 1/2 of the stock selections in the portfolio. In the investment world, a stock selection service is only as good as the key person who has laid down the track record that shines. The replacement is never as good. Just look at the 14 year record of Peter Lynch piloting the Fidelity Magellan Fund. Then compare that record to those that preceded him and then come after him. Big difference!

I am leaving the detail of the My Guru’s Performance 2023 to date spreadsheet in place until the end-of-the-year in case anyone should be interested in what stocks were in it and what was the record on April 12, 2023. The final tally showed My Guru’s with a 10.8% gain for 2023 compared to 6.7% for the SPY. You can view it HERE.

Performance 2023 to date

Small Cap Discoveries+9.2%
IJR – Small Cap ETF Benchmark+0.6%
Small Cap Discoveries
CANSLIM Growth+1.8%
IJR – Small Cap ETF Benchmark+0.6%
CANSLIM Growth
Mid Cap Flyers-1.7%
MDY – Mid Cap ETF Benchmark+2.5%
Mid Cap Flyers

SwingTrader.Trading is dedicated to bringing you four Model portfolios to demonstrate that Swing Trading can be profitable. Please visit my site.

All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence  to get personalised advice before you make any trading or investing decisions. Disclaimer