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
Oct 15, 2008
Eric Knipp - View Profile
Personal Track Record
| Inception date | July 18, 2008 |
| Long/Short | Long only |
| Cap bias | Small cap |
| Holding Period | Buy and hold |
Performance and Risk
Performance Summary (as at end of February 09, 2012)
| Inception July 18, 2008 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 12.45 | 4.41 |
| 3 month (%) | 6.41 | 4.76 |
| 1 year (%) | -15.37 | 2.09 |
| Annualized since inception (%) | 17.98 | 0.68 |
| Since inception (%) | 79.63 | n/a |
| Sharpe (annualized) | 0.46 | 0.01 |
| % of positive months | 58.14 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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Took a flier on this one. July 22, 2008
I decided to listen to Cramer last year and bought a few shares of his buddy Eddie Lampert's company, thinking that it was a good extremely long strategy. I am considering doubling my position in this stock as the price has gotten a lot cheaper and I still like big Eddie. However, Sears is dependent on the economy and I expect it to get worse before it gets better, so there might be a cheaper price yet.
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UVE has a low price to book value July 22, 2008
UVE has lots of cash on hand, pays a good dividend, and is priced relatively cheaply on a book value basis (around 1.5 times book). What really attracts me to UVE is the fact that they don't make their money from the float. I believe we are headed to a general economic malaise that will last several years at a minimum. During this time many of the excesses will be wrung out of the system, and the majority of investments will be treading water. In this environment cash is king and UVE hoards......
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The price of oil is headed down. July 22, 2008
I believe we are finally seeing real capitulation in the commodities market with respect to oil. Global consumption is headed for a relative downtrend, which bodes well for companies like CLMT that use oil as a base material in so many products. The cost of goods will go down, so the profit margins will get fatter.
- Industry Information Technology and Services
- Expertise 1-5 years
- Year of Birth 1974
- Country United States
- State Texas
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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.