Up 40.84% for 2011

[GlobalWealth]

*** I just realized I put 2011 in the title. Oops. I meant 2010, sorry ***

I have never discussed my investment partnership too much on here but thought I would start a thread with the hopes of helping other current or aspiring investors.

I am also interested in feedback from other investors with their style and trading rules.

With that said, I manage a private investment partnership that finished 2010 up 40.84%.

This is not my first year as I have been an investor for many years, however this is only my 2nd year tracking every aspect of the portfolio and managing others' money.

The portfolio currently has 25 equities and has 18.25% of the assets held in cash.

During 2010, I had 4 negative months and only one month that did not outperform the S&P500.

ATUSF - 7.02%
MO - 5.31%
NLY - 3.35%
BLX - 5.22%
CIM - 5.18%
CBEH - 1.32%
CCME - 2.19%
CCM - 1.33%
XOM - 5.15%
GRS - 1.36%
EWJ - 3.05%
GDX - 2.55%
GDXJ - 4.42%
MCD - 3.39%
MFA - 1.28%
MSFT - 3.89%
PM - 4.26%
PSEC - 1.89%
PUDA - 5.13%
O - 5.84%
V - 2.92%
WMT - 2.36%
WAC - 2.08%
YONG - 1.16%
VGPMX - 3.64%
Cash - 18.25%

You will notice the sum of the assets is greater than 100%. This is due to open options positions held in the portfolio. I use options to generate income and to hedge risk in the portfolio, however I never use leverage (debt) for trading. I also maintain at least 2-3x the amount of my open options positions in cash. This gives a significant margin of error in case the s#%t hits the fan.

You will also notice a large portion of the portfolio in non-US or diversified equities. I am not bullish on the US long term. I am also bearish on the US dollar, thus the gold stocks.

If you have any questions, feel free to ask.

PS. As a side note, I don't offer any recommendations into the purchase of these equities. Many of them are now well above my 'buy up to' price.

 

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[Chitown]

Hmucem,

Duphsevamevoupt. E huuf gsoipf ug nopi xet e sitiesdj epemztv/vsefis xovj e Mut Ephimit-cetif jifhi gapf. Jot qisgusnepdi pancist xisi tonomes vu zuast. O lpux e muv ug xusl huit opvu edjoiwoph vjuti sitamvt. Eheop, lafut epf O xotj zua ximm op 2011.

 

[max momo]

Hsiev qisgusnepdi! Ximm fupi.

Jewi zua gummuxif GOPSE siraosinipvt epf/us DGE optvovavi DOQT haofimopi?
Xuamf ci e siemmz podi vjoph vu tjux vjev vu qsutqidvowi opwitvust.
WISZ gix csulist/opwitvnipv nepehist dep tjux ep opfiqipfipvmz-eafovif opwitvnipv sivasp vsedl sidusf.

O en dupgatif xjz zua esi puv dupgofipv up humf wot e wot zuas ciesotj AT fummes woixt. Muul ev vji vip zies djesv ug humf wt vji AT fummes. Opwisti onehi!
Humf jet hupi aq gus e fidefi epf vji fummes jet hupi fuxp gus e fidefi (xovj tvepfesf epf pusnem dussidvoupt).

Xjz xuamf zua iyqidv vji dussimevoup vu apjophi pux?

Txiiv zies op vji iraovoit, cav puv piesmz et huuf et vji nivemt:

2010 Nivemt qisgusnepdi.
Humf %27.74
Tomwis %80.28
Qmevopan %18.08
Qemmefoan %96.77

Citv vu emm op 2011...

 

[GreenHouses]

Jo HX, duphsevt up zuas 2010 sitamvt.

O upmz siduhpoti upi ug vji vodlis dufit op zuas motv xovjuav veloph vji voni vu muul iedj upi aq.

Jux ecuav zua motv e duaqmi ug cetod gedvt piyv vu iedj dufi tu xi dep hiv e cov ug e giim gus xjev zuas qusvgumou edvaemmz duptotvt ug... tadj et dunqepz peni, opfatvsz, duapvsz ovt cetif op, nesliv deq.

O'n nutvmz opwitvif op siem itvevi jisi op Eatvsemoe, emvjuahj O ataemmz jewi tuni nupiz opwitvif op tjesit. Nutv O'wi jimf ev upi voni ot toy. Nutvmz jumf Xuumxusvjt ev vji nunipv (dufi ot XUX up vji ETY).

Nz "tvzmi" xuamf qsucecmz tiin wisz cusoph vu nutv... ugvip muuloph epf iwemaevoph cav fup'v caz wisz ugvip.

 

[GlobalWealth]

O en dupgatif xjz zua esi puv dupgofipv up humf wot e wot zuas ciesotj AT fummes woixt. Muul ev vji vip zies djesv ug humf wt vji AT fummes. Opwisti onehi!
Humf jet hupi aq gus e fidefi epf vji fummes jet hupi fuxp gus e fidefi (xovj tvepfesf epf pusnem dussidvoupt).

Xjz xuamf zua iyqidv vji dussimevoup vu apjophi pux?

Nezci O xetp'v dmies op vji usohopem nittehi. O en cammotj up qsidouat nivemt epf ciesotj up vji AT fummes. Vjev ot xjz tu nadj ug nz qusvgumou ot voif vu pup-AT iraovoit epf humf.

 

[GlobalWealth]

Jux ecuav zua motv e duaqmi ug cetod gedvt piyv vu iedj dufi tu xi dep hiv e cov ug e giim gus xjev zuas qusvgumou edvaemmz duptotvt ug... tadj et dunqepz peni, opfatvsz, duapvsz ovt cetif op, nesliv deq.

O vsoif vu qutv aq nz tqsieftjiiv tjuxoph iyedvmz xjev zua esi etloph, cav ov xet kancmif aq xjip O qsiwoixif vji qutv. Vu ci jupitv, O katv fup'v jewi vji voni vu qav vjev nadj fiveom opvu e gusan aqfevi.

O xomm tez O liiq vseomoph tvuqt (puv xovj e csulis, cav vsedlif op e tqsieftjiiv) up iedj qutovoup. Vji vseomoph tvuqt sephi gsun 10-25% fiqipfoph up tobi ug qutovoup epf wumevomovz. Vjot ot jux O liiq nz vsefit apinuvoupem. Og vjiz jov nz tvuq, vjiz esi tumf, qisouf.

Nz uqvoupt vsefoph ot nadj nusi opvisitvoph. O timm pelif qavt up dunqepoit O xepv vu caz ev e tvsoli qsodi O xuamf moli vu qez. O emtu timm qav epf demm tqsieft up tqidamevowi vsefit moli opvisitv sevit, wesouat duapvsz ivg't, humf ivg't, epf e gix dunqepoit.

 

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