Subject: Tecmo Q1 results

           3M      1Y      3Y         5Y
Tecmo     +2.78%  +22.68%  +11.13%   +16.98%
S&P 500   +4.28%  +24.45%  +10.01    +15.05%

Its been a long while since my 1Y return was less than the SP-500; my large(ish) position in BRK is likely the biggest drag with it being flat since around February while the SP-500 continues to chug along, my other dud is DIS and other non-us global index funds. Having roughly 25% of my US index holdings in RSP is also not helping.

Holdings

US Index	25.72%
MSFT		17.64%
BRK		15.55%
Global Index	13.73%
GOOG		10.41%
AAPL		 4.94%
Other		 3.86%
CASH		 2.04%
TD Bank		 1.35%
DG		 1.63%
AMZN		 1.91%
DIS		 1.22%

tecmo
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