The David Lin Report · Thursday, September 3, 2026
David Rosenberg highlights that his Rose model portfolio, started in early 2023, has gained over 60% with a low beta of 0.4 to the S&P 500 and 0.7 to the 60/40 portfolio. He aimed to demonstrate that a 'perma-bear' can achieve returns thoughtfully.
“The whole reason why I started the Rose model portfolio, uh, back in the beginning of 2023, by the way, it's up more than 60% with a, uh, 0.4 beta to the S&P and 0.7 beta to the 6040 was to show the world that yes, this radical perma-bear can actually make you money, uh, in a thoughtful way.”
“And that's exactly what it's done.”