Confronting bad returns is not easy to do and the primary reason why I held off on submitting “progress reports” for the Pick Six (February 9th) and the ADP Growth Fund (March 13th). A lot has changed since I originally started this blog, from my analysis of particular companies along with the strategy for how to invest in such a turbulent market. I am officially putting these two theoretical funds to rest because while they may make money in the future, I can’t endorse them currently and have a new group of 12 that I’m equitably vested in and will track progress on (see previous Dirty Dozen post). There are four companies from the old funds that made it to the new: Magnite, Perion, Brightcove and PubMatic The percentage changes below are based on market cap. So without further ado…
Pick Six (8 months):
Perion (PERI) -6%
Digital Turbine (APPS) -7%
Jounce (JNCE) -26%
Magnite (MGNI) -49%
Kubient (KBNT) -56%
HEXO (HEXO) -58%
Total average return: -34%
ADP Growth Fund (7 months):
Perion (PERI) +12%
Digital Turbine (APPS) +1%
LiveRamp (RAMP) -7%
Jounce (JNCE) -22%
Novavax (NVAX) -23%
Magnite (MGNI) -31%
Rubius (RUBY) -41%
Brightcove (BCOV) -47%
HEXO (HEXO) -49%
PubMatic (PUBM) -56%
Kubient (KBNT) -60%
Fluent (FLNT) -67%
Total average return: -33%