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
Feb 01, 2012
Travis Books - View Profile
Personal Track Record
| Inception date | December 09, 2009 |
| Long/Short | Long and Short |
| Cap bias | No specific |
| Holding Period | Buy and hold |
Performance and Risk
Performance Summary (as at end of February 08, 2012)
| Inception December 09, 2009 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 0.84 | 4.41 |
| 3 month (%) | 3.98 | 4.76 |
| 1 year (%) | -1.80 | 2.09 |
| Annualized since inception (%) | 10.20 | 0.68 |
| Since inception (%) | 23.20 | n/a |
| Sharpe (annualized) | 0.55 | 0.01 |
| % of positive months | 61.54 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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I'm out of CONN March 25, 2010
After today's price action, CONN is no longer a net-net and I'm no longer interested in it, at least for now.
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Why I bought CONN March 13, 2010
As I mentioned in my last post about CONN, I believed that CONN would renegotiate its line of credit to give them a little more breathing space against chargeoffs. That renegotiation was announced on March 5th and the stock is up about 30% since then. I can't take credit for predicting the details or the timing, but considering CONN's ample asset cushion and steps they're taking to tighten credit standards and incorporate third party financing, I was pretty much sure it was going to happen.
And......
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Why to buy CONN February 17, 2010
I have been requested by a member to explain my rationale for Conn's, and given the horrendous drop it took on February 9th I can't say I'm surprised.
Conn's is in the happy situation described by Ben Graham of being a net-net; its current assets minus its total liabilities exceed its market cap by a considerable margin; that was true when I bought it and is definitely more true now; the net current assets are about twice the current market cap.
What has given investors concern, however, is that......
- Industry Law Practice
- Expertise 5-10 years
- Qualifications J.D.
- Year of Birth 1982
- 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.