Saturday, April 16, 2011

I'm Back Home!

Wow - gone for a long time. Had one week vacation, one week house hunting, then had to go to New York on business for a week. Didn't miss much with my portfolio, as it has been struggling. Anyone who can read a headline, knows that the Chinese RTO stocks have been under pressure, and that has certainly hindered my performance. I am still above break-even, but have pretty much given up my lead over the Russell 3000. Obviously I am not thrilled. I am sticking to the formula pretty much. I did sell my NVMI as I am going to try and get back to the basics. I bought DELL to take their place.

Current Holdings

Here are my current stocks and how they stand. I am hoping that this is the low water mark. But I know from many years that "things are never so bad, that they can't get worse!"

Symbol Initial Current Pct Gain IWV Initial IWV Change
AGX $8.45 $8.69 2.8% $77.82 1.5%
ARO $24.53 $26.03 6.1% $76.90 2.7%
AZN $47.27 $49.34 8.3% $75.92 4.1%
CEL $26.22 $31.10 29.3% $63.45 24.5%
CHKE $18.18 $18.41 7.7% $63.68 24.0%
CMFO $5.08 $3.52 -30.8% $65.01 21.5%
CMTL $26.63 $28.49 8.2% $70.38 12.2%
DELL $14.75 $14.92 1.2% $80.04 -1.3%
EESC $2.20 $1.70 -22.7% $67.97 16.2%
IDCC $47.49 $46.20 -2.7% $77.54 1.9%
INTC $19.02 $19.75 4.7% $67.43 17.2%
JGBO $6.82 $3.83 -43.9% $71.80 10.0%
MNDO $2.72 $3.39 36.4% $77.86 1.5%
MRX $28.14 $34.97 24.3% $79.13 -0.2%
MSFT $27.26 $25.37 -6.4% $73.88 6.9%
NEP $5.67 $4.27 -24.7% $73.87 6.9%
NEWN $6.31 $3.94 -37.5% $71.54 10.4%
PM $44.30 $66.56 55.9% $64.43 22.6%
PWER $8.53 $7.45 -12.7% $77.60 1.8%
RAI $32.14 $36.52 15.2% $76.11 3.8%
SCEI $8.75 $3.89 -55.5% $72.41 9.1%
SNDK $38.28 $46.78 22.2% $69.89 13.0%
SOLR $10.65 $9.69 -9.0% $76.44 3.3%
SUPG $2.85 $2.60 -8.8% $76.70 3.0%
UNTD $5.90 $6.27 11.3% $63.53 24.4%
Grand Total

-2.4%
10.0%

Overall Results

MFI Performance

ITD Annual
2006 10.74% 10.74%
2007 -6.57% -15.63%
2008 -41.60% -37.50%
2009 0.71% 72.47%
2010 10.90% 10.12%
2011 6.26% -4.18%



IWV Performance

ITD Annual
2006 11.23% 11.23%
2007 4.65% -5.91%
2008 -30.54% -33.63%
2009 -13.95% 23.87%
2010 1.65% 18.14%
2011 7.14% 5.40%



MFI Index Performance

ITD Annual
2006 8.30% 8.30%
2007 -6.88% -14.02%
2008 -35.98% -31.26%
2009 -11.07% 38.92%
2010 9.19% 22.77%
2011 15.76% 6.02%

So you can see I am down 4.18% this year and up 6.26% overall in aggregate since January 2006. The broader index ((invested as I ramped in) is now beating me at +7.14%. Obviously not very good. The mfi index is doing better, up 15.76% overall... not exactly an overwhelming victory over the russell 3000.

The Big Secret for the Small Investor

I did read JG's new book this week (it didn't take long). In many ways it was a corollary of TLBTBTM. It was essentially a cross section between his portfolio of stocks from his Little Book that beats the market and an intelligent index fund, with the weightings of the index fund being driven by his rankings.

I thought it was good. I will likely look into investing some real money with his approach.

2 comments:

Paul said...

But can you really invest using his approach? Are indicating that your going to buy the ETF or Mutual funds that he's recommending (and offering)?

The average investor doesn't have the means to do hundreds of trades a day to reblance a portfolio of 800-1000 stock holdings. And that is the "big secret".

Overall, I'm not impressed with the book. The only way to make money with it is to buy Greenblatt's mutual funds. And I'm not a resident of the USA, so I have no access to those mutual funds. At least if it was an ETF, I could purchase it on the open market.

Marsh_Gerda said...

no i could not use his approach as an individual. i would have to buy a fund.

mg