cowboy dickrdoo

Plugging MOFQX

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It not tax day it's Marketocracy Masters 100 day. It's been three years since MOFQX made the 250 stocks in lieu of 1000 stocks change and revamped it's M100 selection process and/or criteria and/or weighting. Since that time MOFQX has done very well.

From April 15, 2005 to April 15, 2008 without taking fees in consideration:

MOFQX +47.90%
Mid-Cap Stocks +33.08%
Total Market +27.48%
Large Cap Stock +26.58%
Small Cap Stocks +22.74%

MOFQX is general fund that is categorized as a Mid Cap Blend Fund and over past three years MOFQX has beaten the total market on 3.58% annualized basis taking fee into consideration over the past 3 years. The Marketocracy Masters 100 Fund has beat around 90% of it's Mid-Cap Blend Fund competitors and probably about 95% or more of all the mutual funds. The present M100 has a prior 3 year average of 97.7% with a standard deviation of 4.5% so if the MOFQX beats 95% of all the other funds over the next 3 years that will only be par for the course. More importantly there is a 99% chance that MOFQX out perform 84% of the other mutual funds. Par for the course for other mutual funds is 50% and there is 1% chance that another mutual fund will under perform 99% of the other mutual funds. MOFQX performance over the past three years was no fluke and nor will it next 3 years performance be one.

At present Marketocracy Masters 100 is only a 3 star fund but in the next few years it going to be a 5 star fund worth buying when it was only a 3 star fund. The intuitive odds are stacked in MOFQX's favor.

Yours Truly,

Cowboy Dickrdoo

Coming up next Sector and International Demographic allocations May first