I also looked at after tax impact as that interests me. 14.6% after tax for MFI vs 11.24% for benchmark. So about 3.4% point margin after tax. I don't know if other people care about an additional percentage point, but over time those add up.
| Current Portfolio | ||||
| Stock | Purchase Date | Cost | Current | Gain |
| aeos | 01/06/06 | $15.90 | $32.32 | 103.3% |
| ftd | 01/06/06 | $9.54 | $18.05 | 89.2% |
| mvl | 01/06/06 | $16.69 | $26.75 | 60.3% |
| noof | 01/06/06 | $6.59 | $9.98 | 51.4% |
| egy | 01/06/06 | $4.53 | $6.53 | 44.2% |
| chke | 01/06/06 | $32.87 | $42.82 | 36.6% |
| mgln | 01/06/06 | $32.21 | $42.86 | 33.1% |
| issc | 01/06/06 | $13.17 | $16.65 | 26.4% |
| gbe | 01/06/06 | $9.25 | $11.43 | 23.6% |
| mtex | 01/06/06 | $12.51 | $15.03 | 22.4% |
| kfy | 01/06/06 | $19.33 | $22.77 | 17.8% |
| anik | 01/06/06 | $11.53 | $13.29 | 15.3% |
| syna | 01/06/06 | $26.12 | $29.90 | 14.5% |
| wmco | 01/06/06 | $13.05 | $14.45 | 10.7% |
| vtru | 01/06/06 | $34.04 | $36.90 | 8.4% |
| jakk | 01/06/06 | $19.79 | $21.20 | 7.1% |
| untd | 01/06/06 | $13.72 | $13.62 | 6.0% |
| hrb | 01/06/06 | $24.22 | $22.95 | -2.9% |
| dlx | 01/06/06 | $29.62 | $26.21 | -5.6% |
| kg | 01/06/06 | $17.95 | $16.20 | -9.7% |
| ptec | 01/06/06 | $6.34 | $4.63 | -27.0% |
| catt | 01/06/06 | $14.51 | $8.81 | -39.3% |
| call | 01/06/06 | $4.71 | $2.61 | -44.6% |
| ford | 01/06/06 | $9.49 | $4.35 | -54.2% |
| Gain/Loss ($): | $45,757 | |||
| Gain/Loss (%): | 15.5% | |||
There are lessons to be learned. I am now re-thinking whether I should pare down to 25 stocks. I havn't show any great stock-picking ability yet. Maybe by tossing a wider net, I will have a better chance of getting the PNCL or AEOS in my portfolio.
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Hi there -
I had left you some comments about 4-5 month ago. I am also using the MFI formula for my investments and I am coming up on my one year anniversary. (I keep a blog - but can't keep up with the posts http://realmagicformulatest.blogspot.com/ )
Here are some of my observations for the year:
- Can't pick the winners / losers among the MFI stocks -- it's kind of an obvious observation, but we all try to think of ourselves as being able to pick a winner - we should just face it, we can't.
- Not sure how many stocks should make up the portfolio -- but I think I have too many (38 right now); I had started out with 20 right of the bat - then I needed to add at least 6-8 every 3 month. Now I have too many. My trading costs are very low - so it should not be that much of an issue.
- Timing is STILL VERY IMPORTANT: I compared my gains to yours in common stocks we both own -- and while some are about even, others show a huge difference. For example EGY is a BIG gainer for you (44%)- while it's just about even for me. SYNA is doing ok for you +14) while I am at +30%. We bought it for the same reason. I know it's a catch 22 - you wait for it to dip down and it will go on a rally. But with MFI, you usually have about 10 stocks to pick from for purchase - so I think this year I am going to try to be more patient with purchases and buy lower.
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