Spend Matters Stock Portfolio – A Black April (Especially for Jason Busch) [Plus+]
Another month has gone by, and I write this on the morning of May Day, a historical English spring festival and of course the international day for celebrating the labour movement, communism, and all things not particularly capitalistic. So it’s ironic perhaps that this is when we’re taking our monthly look at our stock (shares) portfolio of publicly quoted businesses with a significant procurement element. Just as in March, the (imaginary) Spend Matters Stock Portfolio has gone backwards. It lost around 4.5 percent of its value and now stands at just 1.4 percent above where it started on January 1st. After at one point being almost 10 percent up, we’re almost back to square one.