Time for a little competition

I have a friendly competition with my financial adviser. In the last two quarters of last year, my portfolio beat his by a substantial amount, until December, when his made a comeback, and I cheated. Normally our competitions are limited to mutual funds, but I cheated and bought a stock. I beat him by a landslide, but the competition was unfair.



So it is time for a new competition. But this time the competition is between the portfolio he is managing for me and a small amount of money I manage for myself. Specifically, I let him buy a specific fund on my behalf, and I bought one with my mad money that I thought would do better. We are both using a fundamentals approach to our picks. Purchases were made a few days apart, so here are the starting prices:

My pick: $12.535 per share

Financial Adviser pick: $2.340 per share*

At the end of business, Friday

Me: up 1.16%

FA: down 0.85%

This contest will last til the end of March, so stay tuned to see who wins.

*I picked a fund that does not generate income, my financial adviser picked an income generating fund. The increases/decreases in value will reflect any income generated by that fund.