The Lato Letter: Volume 1, Issue 27.

The Lato Letter: Volume 1, Issue 27.

Just a brief note today with a couple of housekeeping details. First of all, tomorrow (October 3rd), I will be appearing on Market Call at 1:30pm. This half hour show is hosted by Michael Hainsworth and is re-broadcast at 8:00pm. The video will be posted in the Library section of this website.

The performance charts to the end of the third quarter for the three Padlock Composite Portfolios – Balanced, Growth and Small Cap Growth – have been posted in the Performance section of this website. With the standard caveat that past performance is not indicative of future performance, I have been very pleased with the results this year, particularly when according to a recent JP Morgan report that only 10% of US equity mutual fund managers had exceeded the S&P 500 Index (their benchmark) by 2.5% or more. If you have any questions about the charts, give me a call.

I am currently working on the Fall 2012 quarterly issue of The Lato Letter and hope to have it out to you next week.

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