Personal Track Record
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- It is a record of a member’s personal broker account as reported to Covestor
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Feb 01, 2012
Benjamin Wang - View Profile
Personal Track Record
| Inception date | April 18, 2008 |
| Holding Period | Buy and hold |
Performance and Risk
Performance Summary (as at end of February 09, 2012)
| Inception April 18, 2008 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 29.19 | 4.41 |
| 3 month (%) | -19.05 | 4.76 |
| 1 year (%) | -51.61 | 2.09 |
| Annualized since inception (%) | -24.17 | 0.68 |
| Since inception (%) | -64.98 | n/a |
| Sharpe (annualized) | -0.45 | 0.01 |
| % of positive months | 50.00 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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No more stupid puns April 30, 2008
It seems that some reports have shown that the using ISRG's davinci robot is better for patients and for the hospital managers, insurance companies, and doctors. Two winners, no losers. Chicken Dinner. True technology does not make for a zero sum game. Really good technological products decrease friction along the path to a goal. In this case those goals are simply: a quick and healthful recovery for the patients and decreased variable costs for the hospital.
Yes, the robot is capital......
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Men's Where house? April 30, 2008
No real interesting thesis here. My guess is they are starting to make good on the acquisition of AH Formal Wear. Trading at a P/E of 9. I agree with some of the critics that fine men's wear probably turns down with the economy. Lower end clothiers likely won't be hit as hard and there's a possibility that a large unemployment line could be a boon for those looking to get back into the job market when things start to look a little better. We'll see how things go up to earnings.
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I SURGE and then I get burned by fast moving tech companies, but... April 21, 2008
Intellectually I believe in the value stock proposition: identify market undervalued equities, take a position, and allow for the inefficiency to correct itself. After all the stock price should reflect the net present value for all future divs/earns or whatever proxy you want to use for value created for the shareholder and the market should correct for mispricings.
But practically and emotionally, I'm quick to jump into the tech sector. The first reason for this is that I am a techie at heart......
- Expertise 10-20 years
- Country United States
- State California
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- Past performance is no guarantee of future results.
- Performance of a Personal Track Record is calculated by Covestor on a daily time-weighted basis of equity positions in the account provided by the member. It is exclusive of any commissions, fees, dividends, earnings distributions, and cash in the portfolio.
- Month to Date returns and Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
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- Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash, dividends and earnings distributions, or transaction costs. More
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