The funds in the portfolio have performed well in comparison to the universe of mutual funds.  However, given that the universe of mutual funds consists mostly of high expense funds which turnover their portfolios about every 6 months, that's not much of an accomplishment. 

If you compare, TSM based portfolios to portfolios containing active and index funds, the performance of the TSM portfolio is less remarkable as is demonstrated by madsinger's recent monthly report.

With that said, I think TSM may be ready to go on a run in the near future, because I think large growth will make a comeback. 

Petrocelli

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