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 13, 2010
stritefax - View Profile
Personal Track Record
| Inception date | January 31, 2008 |
| Holding Period | Buy and hold |
Performance and Risk
Performance Summary (as at end of February 08, 2012)
| Inception January 31, 2008 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 0.28 | 4.41 |
| 3 month (%) | 2.12 | 4.76 |
| 1 year (%) | -12.51 | 2.09 |
| Annualized since inception (%) | 9.00 | 0.68 |
| Since inception (%) | 41.24 | n/a |
| Sharpe (annualized) | 0.25 | 0.01 |
| % of positive months | 55.10 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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Wynn Resorts - Odds Are Not in Your Favor May 15, 2009
Wynn's business model is fairly simple. Four casions:
1) Wynn Las Vegas. $1.1B of rev in 2008, 480M from gaming, rest from food and retail. The revenues looked much better in 2007 ($1.3B), when people played more and payed up for their fancy rooms. 2009 is bringing bigger (better?) things: Encore is opening, which means number of table is going from 140 to 230, slots are increasing by 700, rooms are almost doubling. Ah, if only we go back to 2007 party-time, this would be a x revenue property,...... -
Zimmer and Stryker - Move Your Hips April 23, 2009
Both companies are leaders in orthopedic sector, or more simply they make hips and knees. The global $12B market (5 hips, 6 knees) is fast growing (~10% growth in recent years, except little to no growth in 2009, a lot of it due to strong dollar). Post 2009, market is expected to recover to 10% growth as fatties continue proliferating (from 18% prevalence in 1998 to 25% recently - 5% growth vs 1% population). Overall procedures were growing 6%+, as tech has improved somewhat as well, making the......
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Corrections Corp - Intriguing Value, But Will Inmates Roam The Streets Soon? February 11, 2009
CXW is a private prison operator, running around 70 high-security and temp holding facilities for federal and state governments. Bull thesis, which has been working up until recently, is simple: number of prisoners in the country is growing (2.3M now, 5% CAGR from 1980, although slowed down to 2% recently), government prisons are overflowing (running at 105%+ capacity), and with no capex in sight utilization will continue to be tight. In come the private operators, who can run the facilities......
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Och-Ziff - a no brainer December 14, 2008
Buying Och-Ziff is really making a highly levered bet on partial recovery in asset prices, except with little downside, due to the management fees the company generates. From those fees alone company makes 30 cents a share, or is otherwise trading at 17x EPS. Now, assume a 10% return in 2010 (09 is written-off due to high watermarks, however they reset in 2010), far below funds performance in 04-07, and OZM suddently makes 1.30 a share, or is trading at 3.5x FWD P/E. A good asset managers used to......
- Expertise 1-5 years
- 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.