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
Jun 03, 2009
dogsofmyhead - View Profile
Personal Track Record
| Inception date | July 26, 2008 |
| Long/Short | Long and Short |
| Cap bias | Large cap |
| Holding Period | Short term |
Performance and Risk
Performance Summary (as at end of February 09, 2012)
| Inception July 26, 2008 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 12.77 | 4.41 |
| 3 month (%) | 10.92 | 4.76 |
| 1 year (%) | 16.36 | 2.09 |
| Annualized since inception (%) | -14.25 | 0.68 |
| Since inception (%) | -41.79 | n/a |
| Sharpe (annualized) | -0.29 | 0.01 |
| % of positive months | 41.86 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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NS - Speculative Nat. Gas play July 28, 2008
This initial position is to prepare for Nat. Gas season which I've been following for the past 5 years or so. I was looking for exposure to commodities in general and though indirect, I like the prospects of pipelines and transport, as oil/gas are extracted from more remote locations. The attractive yield and price to book made this a bargain I couldn't pass up. I'll look to add to the position during temporary pullbacks in oil prices that don't add much downside to the price of the......
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RBS - Value play and dollar hedge July 28, 2008
I needed to initiate a position in a foreign bank to fufill my diversification requirements and I selected RBS largely as a discount play and for exposure to Europe. I feel like the UK's distance from the regulations of the EU can help it slightly outperform or at least provide stability for a small portion of the portfolio. At these prices, the high dividend yield will be reinvested for maximum gain. I feel like overseas banks will have an easier time recovering than domestic banks and I'll......
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ED - The electric company... July 28, 2008
I needed a utility and this seems to be trading at steep discount. I like the dividend regularity and current yield, I'm not worried about ED's ability to raise rates when necessary and the Fed, State, County, City, Borrough, etc. goverment's infinate ability to bail out ED in light of their essential services.
I'll be reinvesting the dividends to this one for eternity and will continue to pick up shares whenever they are available on the cheap.
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WM - Bond interest swap @ discount July 28, 2008
So I hold a number of WaMu bonds that I purchased at steep discount, they will mature on Jan 15, 2009 with a profit of about 3% of the total portfolio. Originally I had intended to use these funds for the annual 3% portfolio distribution, but I'm more convinced of the relative stability of WM to double down my bet on their bonds.
Through use of the (almost junk) bonds that are currently distressed, I've locked in a 3% total portfolio profit on 1/15/09, as long as WaMu hasn't defaulted by......
- Job Title Owner
- Industry Financial Services
- Expertise 5-10 years
- Education Some College
- Qualifications None
- Year of Birth 1947
- Country United States
- State New York
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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.