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Therefore I have established 15 funds based on
many of the investment styles and sectors. These are virtual funds so they
are simulations but the simulation is done through very strict rules to
represent an actual trading environment. The trades are made on actual
available bid and ask price and amounts with actual commissions subtracted
from the cash balance. Margin purchases are charged an actual interest and
margin calls are triggered and liquidations are forced as in an actual
account. For starters I will be the only one managing
funds, but interested people are welcome to send feedback through e-mail. I
do have plans to establish a system where site visitors can comment and vote
on the trades and then I incorporate the feedback into the trades that are
made. So far though, I do not have the technical expertise to write the code
for that into the site so I have only included the standard facebook plug-in for commenting at the bottom of the
pages. A list of the funds and their relative
performance to two indexes are shown in the table below as well as a list of
the latest trades made for all funds.
You can also access a complete archive of the trades here.
Also, an archive of the daily fund holdings is available here.
These are mainly to ensure the authenticity of the project I have on this
site. But for those of you still curious the trades are made through the
virtual account of a brokerage firm which can’t be adjusted retrospectively
and the trades can be verified that way also. I also write general market commentary which
can be accessed from the menu on the left. On each fund’s own page I also
make comments specific to that fund and I usually post my reasoning for the
trades I make. Please enjoy the site and any comments are very
much appreciated. You can reach me here. |
Latest Comments July
2nd’ 12 15:39 One of the best trades I have done
seems to be purchasing some hard-beaten stocks for the Distressed
Opportunities Fund. The Fund is up close to 60%, as compared what would have
been only 15% if I had just hold on to the bond trade. Buy low – sell high is
alive no matter what investors say about not trying to catch a falling knife.
The Spanish market (EWP) was way undervalued when I initiated the position,
and indeed it has performed very well. It even pays a good dividend, how
about that!!! June
29th’ 12 13:45 I have swapped my position in AAPL to
an aggressive position in GMCR as it is a very good value and there seems to
be a rally forming to correct that mispricing. As to why I chose to close the
AAPL position you can check out this article I have posted on SeekingAlpha about AAPL’s expected stagnation. June
28th’ 12 15:46 Tesla has lost its momentum after The
actual launch of Model-S. That is intriguing because it was largely a very
successful launch. There might be a buying opportunity… More |
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Here
is a summary performance of the virtual funds I run vs. two benchmarks. Some
clarification on the headings: Equity Benchmark Used: DJIA Bond Benchmark Used: Barclays 7 – 10 Year
Treasury Total Return Bond Index as represented by the ETF IEF. Fund Annualized: Since Inception Performance
on an Annualized Basis Standard deviations are calculated since
inception or on the last 252 days but in any case over the same interval Last
Update: July 6thth’ 12 16:28
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Latest
Trades Positive amounts are purchases and red
negative amounts are sales. For options the EV/EBITDA and P/E ratios are
provided for the underlying. For financial companies only the P/E ratios are
provided as appropriate. When the exact same trade is executed for
multiple funds simultaneously that is noted as Applied to Multiple Funds.
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