SPEAKER_00 0:00

I'm constantly fighting my fidget spinner approach to investing. I need a system, and that's why I created Fletcher. Welcome to another Fletcher Friday report. Today is Friday, August 28, 2026. It's a beautiful sunny day here in Nashville, Tennessee. This is where we look at live data from Fletcher looking at its performance this week compared to the SP 500. Let's get started. We'll get to the numbers here in a minute. The theme the past few weeks has been volatility. In a lot of ways, I wish we could move beyond this. And honestly, we can move beyond the idea or we can embrace it. And I'm honestly coming to grips with how Fletcher is really more about embracing it because it is a volatile system, and that's where the comfort is, knowing that it's going to be okay. Every week brings new conversations, and thank you for all those who send me messages. And by the way, you can send me an email at info at Fletcherinvestor.com to reach me. Before I get into the conversation from this week, I wanted to mention Charlie Munger. And I've mentioned it before in Friday reports. I didn't really know about Charlie until a couple of years ago. He was the business partner with Warren Buffett, you know that name. Berkshire Hathaway. And Charlie is the kind of guy that just says what's on his mind. And I think that's what attracts me to his quotes, his outlook, and the way he conducted himself during the shareholder meetings, if you've ever watched those on YouTube. Charlie was unfiltered. He said, if you can't handle a 50% drop, you deserve a mediocre result. That kind of quote sits well with me because it's really what was the impetus for Fletcher and the idea that indexes were really delivering mediocre results because it mitigates losses, but it mitigates gains. There's a lot of other quotes from Charlie that I'll share over time. So, how does this relate to what our conversation was this week? Well, it was about volatility and risk, and the pretty big drawback that we've had in the last number of weeks. It got me thinking about how I could convey more of the live data. My conversation this week was more about giving more of that information and getting it on the website. So I've done that. So I wanted to share with you a little bit today. Live data has been since January 1st. All the data prior to that has been back testing. The win rate thus far is 61%. And that is basically saying that 11 out of the 18 actual signals have been positive. That's not a return on investment. That's just simply positive or negative as a signal. The average wind from a return standpoint was 64% gain. And the average loss was 12%. Since January, the best return for one month with Fletcher is 66%. And it actually happened in January. If you recall, the market was red hot in January. The worst month from a return standpoint for Fletcher with live data has been July. We had a 26% pullback. There's other data that you can see on the website, and I'll continue to share this as I process it. I'm also working on deeper back testing info using historic data for prior years to see how Fletcher would have performed during those years. Let's look at actual numbers for Fletcher and the SP for this week. I'll spare you my usual speech about short-term versus long-term and how Fletcher is not a short-term play. So let's do the numbers. This week, Fletcher is in the red, almost negative 2%. The SP was up about a half a percent. This month, since August 1st, Fletcher is up 4%, and the SP is up 2%. Year to date, Fletcher is showing a gain of 131%, and the SP is around 13%. And a new number that I'm sharing these days is the 12-month running. The past 12 months with Fletcher shows 361% gain. And with the SP, it's hovering around 20%. There's been a theme for me lately, and if I'm honest, it's not lately, it's probably the past 30 years. I'm a fidget spinner investor sometimes. And what do I mean by that? Basically, I feel the need to nervously constantly tweak or adjust my portfolio. There's a certain amount of FOMO that goes with that. I'm constantly reminding myself to just relax, let the market do what it's going to do, think long term. You've heard me preach that here. Fletcher is locked in for me, and there's comfort in that. Outside of Fletcher, I have five or six ETFs that are highly concentrated. And I have those in positions of sitting and holding, not actively trading. But I still get influenced by the news, the trends, the YouTubers. If I'm honest, my time on Reddit doesn't help at all. If you've ever been on Reddit or other social media platforms, you'll see people posting things like, What do I need to invest in today to make a big return? It's very short-sighted. And I'm always reminding myself, mine is not the short game. There's a little bit of a selfish reason I'm sharing all this with you today. Partly is I'm saying it out loud, which is probably a first step for acknowledging and maybe some accountability. The other part is I could use some encouragement. If you're feeling the same way, or if you've overcome this, let me know. I'd love to be a part of the conversation where we could encourage each other, help each other see that the long-term is where the game is. Having been an investor for over 30 years, I get a sense of yes, long-term is the game, but I still am influenced by the daily news, the YouTubers, what's happening in the market, and appreciate when someone else comes along and says, Yep, same with me. Understand it's hard. Think long term. That's the encouragement I'm looking for. If there's some way I can encourage you, please let me know. That puts another week in the books for Fletcher and our Friday report. As a reminder, we'll have news signals on Tuesday next week. Thank you for listening today. To learn more about Fletcher, go to Fletcherinvestor.com. Have a great week.