Apple's Modest YTD Performance Affecting Portfolio

2 days ago

"Why? I know why. It's because of Apple. Apple year to date. By the way, we can look at this. Apple year to date. It's up 4% 3.66%. What's the S&P up? Let's just track it against the S&P. The S&P year to date up 14%. If 50% of my portfolio is in Apple and I'm coming close year to date to the S&P, I'm not beating it. That means the rest of my portfolio, which is heavy in alpha picks, is really outpacing the S&P."

The speaker points out that Apple's modest year-to-date gains, when weighed heavily in a portfolio, may be limiting overall outperformance relative to the broader market index.

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