Weekend Update From White Mountains

Greetings From Glen NH

Well, it looks like I do have access to wifi, so I thought I'd knock out a couple quick posts before the fam gets up.  I am in Glen NH, home to Story Land, which looks great if you have kids 6 and under.  Just chilling here, it is a nice get-away spot for us that we visit once or twice a year.  Brought a Breaking Bad marathon if the family gets bored.

Last week was my 4th straight positive week, though diminishing.  I was up 81 basis versus 89 for the RK, so I treaded water with the averages. I am now up 16.3% on the year, which is very close to my high water mark. Actually, it is my highest week ending mark. That is sure to jinx it.

Transactions

This was not a strong week for stock picking. I bought just one stock, UEPS in the pre market Friday and it immediately dropped 11.1%.  They had great earnings (I thought) and this was a stock I have owned in the past and like. But right after I bought it, Bloomberg came out with a negative article (Net1 UEPS Focuses Beyond South Africa as State Reviews Tender). Then I did buy a few SLV options.  They also are off to a poor start, down 12%. Thankfully both these transactions were relatively small.  But I think I was too impulsive with both buys.

MFI Portfolio

August is officially closed and was a great month for my MFI, up 6.4%.  The newest tranche is off to a great start. And even my May tranche is now back in the black as RCII had  a very good week.  Hopefully it can still over take the benchmark!

11/15/13 Stocks	Start	Current	Dividend	Pct Gain	R3K Gain
AVG	$17.22	$17.54	$0.00	1.9%	12.6%
ATVI	$17.71	$23.54	$0.20	34.0%	12.6%
GA	$9.04	$11.90	$0.23	34.2%	12.6%
RPXC	$17.04	$15.19	$0.00	-10.9%	12.6%
SYNA	$48.01	$82.10	$0.00	71.0%	12.6%
Totals				26.1%	12.6%
2/1/14 Stocks	Start	Current	Dividend	Pct Gain	R3K Gain
ATVI	$17.13	$23.54	$0.20	38.6%	12.7%
KLAC	$61.47	$76.42	$1.40	26.6%	12.7%
RPXC	$16.22	$15.19	$0.00	-6.4%	12.7%
SNDK	$69.55	$97.96	$0.53	41.6%	12.7%
WNR	$39.11	$46.53	$0.78	21.0%	12.7%
Totals				24.3%	12.7%
5/6/2014	Start	Current	Dividend	Pct Gain	R3K Gain
AVG	$19.57	$17.54	$0.00	-10.4%	7.2%
CA	$29.54	$28.24	$0.50	-2.7%	7.2%
CSCO	$22.79	$24.99	$0.19	10.5%	7.2%
NSR	$25.82	$29.49	$0.00	14.2%	7.2%
RCII	$28.78	$27.86	$0.23	-2.4%	7.2%
Totals				1.8%	7.2%
8/15/2014	Start	Current	Dividend	Pct Gain	R3K Gain
CSCO	$24.40	$24.99	$0.00	2.4%	2.6%
AGX	$36.71	$40.05	$0.00	9.1%	2.6%
ITRN	$21.32	$21.90	$0.00	2.7%	2.6%
BRCD	$9.34	$10.55	$0.00	13.0%	2.6%
CBI	$58.25	$63.42	$0.00	8.9%	2.6%
Totals				7.2%	2.6%
Category/Tranche	August	November	February	May	Total
Initial Investment	25,000	25,000	25,000	25,000	100,000
Current Tranche	7.2%	26.1%	24.3%	1.8%	14.6%
Previous Tranche	41.4%	43.7%	78.3%	33.0%	55.1%
Tranche -2	14.1%	-	-	-	3.5%
MFI Overall Gain	73.0%	81.2%	121.5%	35.5%	77.8%
Current Balance	43,239	45,300	55,383	33,869	177,792
R3K Current Tranche	19.4%	12.6%	12.7%	7.2%	13.0%
R3K Overall Gain	49.7%	54.0%	36.5%	27.5%	41.9%
R3K Balance	37,435	38,493	34,127	31,868	141,922
Annualized IRR	30.8%	39.4%	65.7%	25.9%	41.9%

Discretionary Portfolio

Here is how all my stocks did on the week:

Index	Stock	8/22/2014	Current	Weekly Change	$ Gain
1	GTAT	18.15	17.81	-1.9%	(4,760)
2	GNW	13.88	14.19	2.2%	4,303
3	BBEP	22.05	22.88	3.8%	4,742
4	AOD	8.82	8.88	0.7%	857
5	TLM	10.76	10.07	-6.4%	(6,555)
6	KLIC	14.45	14.69	1.7%	1,680
7	RIOM	2.71	2.86	5.5%	5,250
8	ATVI	23.13	23.54	1.8%	1,649
9	GPS	45.43	46.15	1.6%	1,440
10	BAC-WTA	7.13	7.16	0.4%	361
11	CSQ	12.05	12.02	-0.2%	(212)
12	NTC	12.53	12.62	0.7%	611
13	FSC	9.71	9.83	1.2%	1,016
14	TPVG	15.55	15.52	-0.2%	(154)
15	TGONF	11.25	11.40	1.3%	1,050
16	TNH	151.74	148.75	-2.0%	(1,495)
17	CSCO	24.65	24.99	1.4%	1,004
18	TCMCF	14.05	14.75	5.0%	3,432
19	NADL	10.26	10.96	6.8%	4,456
20	RPXC	15.24	15.19	-0.3%	(212)
21	AVG	18.40	17.54	-4.7%	(2,812)
22	AGX	38.34	40.05	4.5%	2,531
23	SNDK	98.00	97.96	0.0%	(23)
24	TSL	13.00	12.53	-3.6%	(1,880)
25	SYNA	80.17	82.10	2.4%	1,200
26	KLAC	74.98	76.42	1.9%	939
27	WNR	46.76	46.53	-0.5%	(232)
28	TIME	23.92	23.48	-1.8%	(880)
29	HIG-WT	27.82	28.64	2.9%	1,350
30	CBI	63.13	63.42	0.5%	199
31	BRCD	9.74	10.55	8.3%	3,470
32	ITRN	21.84	21.90	0.3%	113
33	NSR	29.36	29.49	0.4%	151
34	CA	28.24	28.24	0.0%	-
35	RCII	26.26	27.86	6.1%	1,666
36	O	45.09	44.72	-0.8%	(223)
37	OIBAX	6.13	6.15	0.3%	83

You can see from my Discretionary portfolio that RIOM did very well as did GNW (finally starting to recover from 2q).

Stock	Shares	Avg Cost	Current Price	Pct Change	R3K Change	Diff
AGX	190	36.71	40.05	9.1%	2.6%	6.5%
BAC-WTA	12,000	6.05	7.16	18.3%	14.3%	4.0%
GNW	13,880	10.08	14.19	40.8%	24.7%	16.1%
GTAT	14,000	9.15	18.21	98.9%	12.3%	86.6%
HIG-WT	1,650	21.24	28.64	34.9%	22.1%	12.8%
KLIC	7,000	11.48	14.69	28.0%	17.4%	10.6%
RIOM	35,000	1.97	2.86	45.0%	7.2%	37.8%
TLM	9,500	10.72	10.07	-6.0%	2.0%	-8.1%
TSL	4,000	12.58	13.98	11.2%	2.1%	9.1%
UEPS	2,000	13.79	12.26	-11.1%	0.0%	-11.1%
Total Open				36.5%	12.7%	23.8%
Closed				2.5%	1.2%	1.3%
Combined				6.9%	2.7%	4.2%

Dividend Portfolio

This portfolio did well this week, helped by TCMCF and BBEP.  I seem to be losing my wifi, so am going to wrap it up quickly.

Stock	Shares	Avg Cost	Current Price	Dividends Received	Pct Change	R3K Change	Diff
AOD	14,186	8.03	8.88	11,717.83	20.8%	23.7%	-2.9%
BBEP	5,713	16.74	22.88	10,650.92	47.8%	17.2%	30.6%
CSQ	7,001	8.72	12.02	14,277.43	61.3%	58.5%	2.8%
FSC	8,395	9.57	9.83	3,767.52	7.4%	7.4%	0.1%
GPS	2,000	40.55	46.15	440.00	14.4%	6.3%	8.0%
NADL	6,366	9.60	10.96	1,200.00	16.1%	4.7%	11.4%
NTC	6,784	12.02	12.62	2,671.53	8.3%	8.1%	0.2%
O	600	21.02	44.72	9,460.47	187.7%	119.8%	67.9%
OIBAX	4,147	5.00	6.15	8,261.12	62.8%	130.2%	-67.4%
TCMCF	4,903	13.89	14.75	-	6.2%	1.0%	5.2%
TGONF	7,000	10.27	11.40	3,452.50	15.8%	21.9%	-6.2%
TIME	2,000	22.89	23.48	-	2.6%	2.4%	0.1%
TNH	500	148.10	148.75	1,555.00	2.5%	4.6%	-2.1%
TPVG	5,128	15.54	15.52	3,599.70	4.4%	5.5%	-1.2%
Total Open				71,054	21.1%	17.6%	3.5%
Closed					12.0%	10.9%	1.1%
Combined					13.6%	12.1%	1.5%
Annualized IRR Since 12/31/10					18.2%
2014 Gain					9.3%