Welcome to PortfoliV, my project based on running a set of virtual hedge funds. My aim is to build an investment portal based on actual trades made rather than textual commentaries. The trick is to be able to get specific and produce real-life situations by posting actual trades based on actual market data. I would also like to establish a portal where the trades utilize some of the more advanced trading techniques used by hedge funds.
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.
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
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
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.