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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Jan 11, 2011
nstiege - View Profile
Personal Track Record
| Inception date | February 14, 2008 |
| Long/Short | Long and Short |
| Cap bias | Large cap |
| Holding Period | Short term |
Performance and Risk
Performance Summary (as at end of February 08, 2012)
| Inception February 14, 2008 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 3.31 | 4.41 |
| 3 month (%) | 4.09 | 4.76 |
| 1 year (%) | 2.94 | 2.09 |
| Annualized since inception (%) | -8.87 | 0.68 |
| Since inception (%) | -30.83 | n/a |
| Sharpe (annualized) | -0.18 | 0.01 |
| % of positive months | 56.25 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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Weekend Musings March 15, 2008
Just holding two quality positions in the portfolio now. Both show strength in fundamental and technical terms and have the added advantage of reasonably low PPS values that let me write strategic call options against them. Again, my youth in this market has proven somewhat treacherous but I've found a better groove in the last week with these players. I would be more inclined to do pairs trading in this environment but I am not yet allowed to sell short individual stocks. Short indexes have......
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Tuesday Update - Adjusting Strategy March 04, 2008
I have settled on a desirable mix of investments for the next week weeks that I am confident will perform reasonably. In looking at past trades, I have noticed that I often hurt myself by overtrading so I am making an effort to correct this. One issue I have is that in using UltraShort products I tend to react to news and data since the leveraged nature of these positions make me more susceptible to loss. This kind of thinking is backwards because that in using them I am merely trying to hedge my......
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Monday Update February 25, 2008
Took the highs of the morning to layer on more short exposure via TWM. Expecting significant declines later this week. Awaiting for some larger overall market damage before I can cut the short position in half and roll more money into one of the many ag, energy, or metal stocks of my liking.
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Friday Recap February 22, 2008
Parts of my theory about today came true with the indices heading towards negative territory very early on to test that 1320 level that I noted last night. The part I did not expect was the news that came out during the last hour about a bailout plan for Ambac. At face value, this might seem like a good piece of news. However, I am cautious both because it doesn't fundamentally fix any of the problems going on in the capital markets and also because no official deal was inked and finalized. Even......
- Expertise 1-5 years
- Education Economics, University of Oregon
- Year of Birth 1987
- 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.
- 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.