We here at Dealbreaker strive to bring you cutting edge finance gossip, news(ish) articles, original features and content you can't really find anywhere else (until tomorrow or the next day when it often appears elsewhere warmed over but served as fresh). Of course, the Obama Portfolio is just one example. We're pleased to see Bloomberg carrying on the tradition we started when the First Analyst first made The First Call.
Of course, the Obama Portfolio was lose-lose for us in comments. Keep it up, it's annoying. Take it down, it's because we resent the First Picker's success. (Just for the record, we don't. You can color us impressed- hope his blind trust bought in a timely fashion). But, love it or hate it, it inspires imitation.
The Obama Portfolio: +27.61% (And counting, since inception).
President Barack Obama is proving to be a better judge of the stock market than Warren Buffett, the world's second-richest person.
The CHART OF THE DAY shows the Standard & Poor's 500 Index began its biggest rally since the 1930s after Obama said on March 3 that equities offered bargains for investors with a "long-term perspective." While the measure fell 3.5 percent over the next week, reaching a 12-year low on March 9, it went on to surge as much as 37 percent.