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
Nov 29, 2010
Tom Esposito - View Profile
Personal Track Record
| Inception date | December 18, 2007 |
| Long/Short | Long and Short |
| Cap bias | Mid cap |
| Holding Period | Short term |
Performance and Risk
Performance Summary (as at end of February 09, 2012)
| Inception December 18, 2007 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 6.30 | 4.41 |
| 3 month (%) | -2.39 | 4.76 |
| 1 year (%) | 4.17 | 2.09 |
| Annualized since inception (%) | 1.93 | 0.68 |
| Since inception (%) | 8.19 | n/a |
| Sharpe (annualized) | 0.06 | 0.01 |
| % of positive months | 50.00 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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China Deficit??? March 22, 2010
Read on one of my favorite blogs Zero Hedge today that China is set to report a record trade deficit (that's right, DEFICIT) of $8 billion for March. How is this possible? If we have a trade deficit and they have a trade deficit, who has a trade surplus? Australia and Canada? Perhaps more likely is that China is stockpiling commodities - the raw materials for their factories (copper, oil, steel, etc.) while the prices are cheap.
The end of March is shaping up to be a very tumultuous......
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Bonds - the new Stocks? February 17, 2010
Read a great piece composed by Bill Gross, who is the infamous bond investor at PIMCO. He has this graph called the "Ring of Fire" which shows major industrialized nations on a graph of public sector deficit as % of GDP on the Y axis, and total debt as % of GDP on the X axis. The Ring of Fire contains those countries with the highest percentages of debt & deficit as % of GDP. Looks really bad for US, UK, Spain, France, and Japan. Conversely, it looks great for Scandanavian countries, Canada,......
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Cash is King February 04, 2010
Now is a time to get out of stock, I think. Keep your powder dry. US Cash is king. The combination of Greece, Spain, and Portugal, coupled with rising US unemployment, and - most importantly - the specter of the ending of QE on March 31 - it is a witch's brew about to boil in the pot. Add to this the Volcker Rule discussions, the Bernanke and Geithner hearings... it all adds up to a significant risk that the market will make a sustained move down.
I took a little hit today. I bit the......
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Why buy? Why sell? What is the goal? February 02, 2010
This market is very tenuous IMHO. the only way to trade and survive is to keep your powder dry (i.e. hold a lot of cash & bonds), and make some small short-term moves here and there in stocks based on volatility and technicals. I look for good companies with solid fundamentals - such as a P/E below 20, low debt/equity, decent earnings - and I compile a watch list of those companies. I watch the charts, monitor the ups and downs. Then I strike when I see the dips on the chart. It's pretty......
- Job Title Market Risk Manager
- Industry Banking
- Expertise 10-20 years
- Education MBA, University of Delaware
- Qualifications MBA
- Year of Birth 1974
- Country United States
- State Delaware
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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.