To family, friends and former associates

I am told that the truest definition of investment is…. managing risk.

With the Dow down 600 plus points yesterday, August 8,2011, the ” May-Go Away ” portfolio has lost 3.4% of its value since May 28, 2011.

Versus…a loss of 14.7% for the S&P 500 Index..the benchmark against which market analysts are measured.

Believe it or not…I am still aiming for a total return of at least 6% for this portfolio for the six months to end
October 31, 2011.

Bye for now….

Richard, aka Rich, Richie, Dick and Smiley from Woodlawn