On June 30, 2006, in conversation 51574, I made a "bet" with wagnerjb in which he took an index fund -- ishares Russell 100 (IWD), and I took an actively managed fund -- Windsor II (VWNFX).

Since then, Windsor II has returned 20.58%, and the index ETF has returned 17.31% Thus, the actively managed fund returned 3.27% more. Note that if you included brokerage fees, Windsor II's lead would increase.

I will update you all on the status of the bet periodically.  There is a long way to go!

"Petrocelli's non-Diehard Blog"

that is a great name for your blog I love it!!! 

you'll be a target... just so you know... but keep fightin' the powers that be.

(ok, actually, i just wanted to try to embed graphics... and didn't want to mess up my blog w/ practice posts!)

You know that most of my heroes don't appear on no stamps ... er ..  I mean the Diehard reading list.
 

Petrocelli 

Name Change?

Did we go from non-Diehard to anti-Boglehead?

What's wrong - you afraid of offending the Bobbleheads?

Why don't you change it to the Anti-Pasta Blog?

Oh wait...., that would probably offend the Italians.

You can't say "Boo" in this country anymore, without offending someone.  Hell, even that would probably offend the Ghosts!:^)

I'm-not-liable-Coy

A little more on Short-Term performances:

I subscribe to the "Morningstar FundInvestor".  Inside it the Morningstar 500 tracks 40 different Large Value funds.  Regarding the 1-Year numbers as of Aug. 31, 2007, only 9 are underperforming the Russell 1000 Value Index.  (I'm sure that index is not the pre-determined benchmark for each of those 40 funds.) The range of those 40 funds' 1-Year returns are 6.4% for Muhlenkamp, MUHLX, to 25.1% for Vanguard Capital Value, VCVLX.  The R1000Value clocks in at 13.5%.  Windsor II returned 16.0%.  All numbers are as of 31 Aug.

Coy 

Good luck on your "bet". As of September 16, 2007:

                       1yr                 3Yr               5yr

IWD              12.99%           14.00           15.31

VWNFX         15.07              13.81           14.94

Update:

• Windsor II: $11,196
• IWD: $11,154

Petrocelli