San Diego Housing Market News and Analysis
PCA 2010 Investment Performance
Submitted by Rich Toscano on April 18, 2011 - 10:28am
Pacific Capital Associates, the investment advisory firm of which I am co-owner, has just completed the independent verification of our investment performance through 2010. The chart below indicates returns for our average discretionary managed portfolio since mid-2004, when we first got the ability to start tracking these numbers in a verifiable manner:
The thing that I am most pleased about with the 2010 performance is not the fact that we slightly outperformed the market (as measured by the S&P500) for the year, but that we did so while taking substantially less risk (notably, the average client account was down less than half as much as the market during the big Q2 correction). More numbers and statistics, as well as loads of fun disclosures, can be found in our official investment track record.
More background on the above chart or the firm can be found in the post imaginatively titled My Day Job.
Things I am obliged to mention:
- Returns include reinvestment of all income.
- Past performance is not indicative of future results.
- Investment advisory services and securities offered through Girard Securities, Inc., member SIPC/FINRA.
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|* Investment advisory services and securities offered through Girard Securities, Inc., member FINRA and SIPC. Investment advisory services also offered through Crawford Capital Management, Inc. Pacific Capital Associates and Crawford Capital Management, Inc. are not affiliated with Girard Securities, Inc.|