Personal Track Record
This is not an investment model
- It is a record of a member’s personal broker account as reported to Covestor
- It cannot be mirrored
Jul 27, 2011
Daniel Hung - View Profile
Personal Track Record
| Inception date | July 02, 2007 |
| Long/Short | Long only |
| Cap bias | No specific |
| Holding Period | Buy and hold |
Performance and Risk
Performance Summary (as at end of February 09, 2012)
| Inception July 02, 2007 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 4.59 | 4.41 |
| 3 month (%) | 8.01 | 4.76 |
| 1 year (%) | 4.57 | 2.09 |
| Annualized since inception (%) | 2.10 | 0.68 |
| Since inception (%) | 10.00 | n/a |
| Sharpe (annualized) | 0.06 | 0.01 |
| % of positive months | 54.55 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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Tech Bargains July 30, 2011
As the market for “new” tech stocks has gone wild again (see LinkedIn, Groupon, and the omnipresent chatter about Facebook), my interest has been piqued by the surfeit of tech bargains that seem to have appeared in the “old” tech stocks of yore. Cisco, Intel, Apple, Microsoft, Hewlett-Packard, all are trading at less than 7x Enterprise Value/EBITDA, throwing off significant cash flow, and sitting on cash positive (sometimes dramatically cash positive) balance sheets. Moreover, aside from Apple......
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SP500 to Gold March 02, 2011
[IMAGE]Once again, thanks to Zero Hedge, saw this very interesting chart in an article promoting a return to the gold standard. To be honest, I have no idea what it means to return to the gold standard or what merit it’s perceived to bring. The comments on the Zero Hedge post are just a mess, so I’m reaching out to what’s left of The Curious Investor community! Anyone have any insight on the case for the gold standard that they’d like to share?
[IMAGE] -
Effect of Oil Prices on the US Consumer February 25, 2011
Great chart courtesy of Zero Hedge. This is part of the reason that from a portfolio perspective, I always like to keep some oil exposure for diversification.
Full Disclosure: Author long shares of TOT and LINE at the time of writing
[IMAGE] -
In Defense of Groupon – Part I December 01, 2010
It seems that Google is poised to make a potential $6 billion acquisition of Groupon which has been described as $5.3 billion in upfront consideration and $700 million in performance awards for management. Investor reaction yesterday was negative with the stock falling 4.5% and the internet appears to be on fire with bloggers and journalists bashing Google’s reckless spending. Afterall, $6 billion is double the value Google paid for Doubleclick. It’s $2 billion more than current rumored......
- Job Title Analyst
- Industry Financial Services
- Expertise 1-5 years
- Education Columbia University
- Year of Birth 1986
- Country United States
- State Massachusetts
- The Curious Investor
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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.
- All graph data is as of the end of day for the referenced period, unless otherwise specified.
- 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
- All Personal Track Record information including personal data, profiles, strategies, commentary, and historical results outside of Covestor has been provided by the Member. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor.