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
Matthew Tulett - View Profile
Personal Track Record
| Inception date | May 26, 2008 |
| Long/Short | Long and Short |
| Cap bias | No specific |
| Holding Period | Short term |
Performance and Risk
Performance Summary (as at end of February 08, 2012)
| Inception May 26, 2008 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | -5.96 | 4.41 |
| 3 month (%) | -8.18 | 4.76 |
| 1 year (%) | -66.01 | 2.09 |
| Annualized since inception (%) | -37.62 | 0.68 |
| Since inception (%) | -82.45 | n/a |
| Sharpe (annualized) | -0.69 | 0.01 |
| % of positive months | 42.22 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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Surely this is the bottom...isn't it? March 14, 2009
As I said back in November there was a raft of people calling the bottom then and since then we have seen the markets dump off a huge percentage more. This week we see a few days up and suddenly, once again, we are flooded with "this time it's the bottom" articles.
Now I just trade based on the trends, there is no future prediction involved. I think the whole thing is a waste of time, it is simply a vanity project of people wanting to be the "smart" one that calls it right.
However I am going to......
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So this time it's the bottom, right? November 21, 2008
I just had a quick look down my RSS reader at the financial sites and so many of them have an article entitled something like 'This is the bottom'. I found myself asking why they all wrote about this.
I came up with two conclusions, the first is that nearly all of them deal with buying, not selling stocks. This market has seen so many people lose huge proportions of their savings that these are written almost as a comforting thing, things people want to hear when things are bad.
The second point......
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In defense of shorting October 09, 2008
I have been sitting on a large pile of cash for a little while as quite simply there was nothing to trade....well there was but I wasn't allowed to do it! Today is the first day the SEC have relaxed their short selling ban and so I now have a few more positions....hurrah!
I am still at a loss to understand why they did it. Yes, naked short selling is an issue, but it has been for years. Banks have been making a fortune naked selling and then buying back the shorted positions as they come back for......
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What to do next? September 28, 2008
This has been a weird experience, volatility is high and yet I have hardly made a trade recently. Bizarrely in this weird market I have seen most of my long positions hold their trend, while my shorts have gone away to be replaced with....well nothing! Why I hear you ask as though yo almost cared, well let me explain....
Firstly the restrictions on shorts mean that even the positions I held were being threatened with closure, which is nice of the SEC/Fed as I was not a naked short seller, but not......
- Job Title IT manager
- Industry Computer Software
- Expertise 5-10 years
- Education BSc University of York (UK)
- Qualifications None relevant to this
- Year of Birth 1970
- Country United Kingdom
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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.