ourkid8 Posted September 12, 2012 Share Posted September 12, 2012 Hi all, What is your 2012 YTD rate of return? My portfolio is up 11% and currently sits at an all time high!!! My big winners are in the banking industry - US Bancorp (4.23% of my portfolio), Wells Fargo (4.23% of my portfolio) and Bank of America. (Thank you board!!!! and it is 4.8% of my portfolio) The losers of my portfolio this year is Fairfax. (10.72% of my portfolio) For Moorecapital, my portfolio is between $250-500,000 just to add that in perspective and I am 31 years old. S Link to comment Share on other sites More sharing options...
watsa_is_a_randian_hero Posted September 12, 2012 Share Posted September 12, 2012 YTD personal return is about 25%. That said, my personal return from 1/1/2010-12/31/2011 was about 0% (though return in accounts managed for family members was higher than my personal due to larger concentrations personally). So I've looked at '12 as just making up for poor results the prior 2 years. Link to comment Share on other sites More sharing options...
meiroy Posted September 12, 2012 Share Posted September 12, 2012 I recall that last time someone started such a thread was around the beginning of the year after that rally and we know what happened than. So if it falls it's all OP's fault. Link to comment Share on other sites More sharing options...
tombgrt Posted September 12, 2012 Share Posted September 12, 2012 I recall that last time someone started such a thread was around the beginning of the year after that rally and we know what happened than. So if it falls it's all OP's fault. :D The same happened in 2011.. FFH is starting to look better imo. Hedges will have lowered BV temporarly but I doubt that is going to last. Link to comment Share on other sites More sharing options...
twacowfca Posted September 12, 2012 Share Posted September 12, 2012 I recall that last time someone started such a thread was around the beginning of the year after that rally and we know what happened than. So if it falls it's all OP's fault. :D The same happened in 2011.. FFH is starting to look better imo. Hedges will have lowered BV temporarly but I doubt that is going to last. I dunno. We're still about 145% long and LRE and BRK are about 135% of that and they continue to trade within 1%-2% of their highs. We lost about 80% on our first tranch of OTM S&P 500 puts,made about 300% on the next batch of those, and then lost 100% onthe final batch. Net result: a loss of about. 0.3% of the net portfolio value. I'll rationalize that loss by telling myself that the hedge kept me from paring down our core net long position. Link to comment Share on other sites More sharing options...
onyx1 Posted September 12, 2012 Share Posted September 12, 2012 YTD: Roth account +40% Taxable account +21% before applying tax liabilities. 100% long since Oct 2011 and mostly concentrated in 8 positions Biggest performers BBSI, RJET, BAC, MSFT 17.5 Leaps, WFC Link to comment Share on other sites More sharing options...
giofranchi Posted September 12, 2012 Share Posted September 12, 2012 I recall that last time someone started such a thread was around the beginning of the year after that rally and we know what happened than. So if it falls it's all OP's fault. :D The same happened in 2011.. FFH is starting to look better imo. Hedges will have lowered BV temporarly but I doubt that is going to last. I dunno. We're still about 145% long and LRE and BRK are about 135% of that and they continue to trade within 1%-2% of their highs. We lost about 80% on our first tranch of OTM S&P 500 puts,made about 300% on the next batch of those, and then lost 100% onthe final batch. Net result: a loss of about. 0.3% of the net portfolio value. I'll rationalize that loss by telling myself that the hedge kept me from paring down our core net long position. twacowfca, my results are pretty similar to yours. But I rationalize them differently: you once wrote that in recent years long/short strategies have returned just 6% annualized. And you most surely are right. The fact is: I am really happy with a 6% return in a secular bear market, when stock prices are high. And I am content to accept a 6% return for the next 5 years, if it needs to be so. YTD my return is almost 0, while last year it was 10%. In a 5 years period I believe the chances are quite high to achieve a 6% annualized. On the contrary, in any single year it is impossible to predict what could happen. Why am I happy with a 6% return? Because in a secular bear market, when stock prices are high, that is all you can hope for! At least, if I am not talking to the next Warren Buffett! If you are simply a good businessman and a good investor, and if you find yourself in a secular bear market and stock prices are high, you should be happy to lock in a 6% annualized return. And wait for better times. I don’t know about LRE, but I am extremely curious. Can you write something about them? I would really appreciate it very much! And, if I like what I see, I will surely consider an investment with them. Thank you! giofranchi Link to comment Share on other sites More sharing options...
racemize Posted September 12, 2012 Share Posted September 12, 2012 Currently at 59%. I've been shifting from my big winner into bolstering my brk, ffh, bac, and AIG positions over the last month or so. *Note that this is pre-tax, and I do have some taxes on the port to deal with at the end of the year. Link to comment Share on other sites More sharing options...
FrankArabia Posted September 12, 2012 Share Posted September 12, 2012 you guys are good! YTD is not fair for me as lots of my positions rallied from January onwards...its inflated and not indicative of purchase price August Y/Y i got a bit above 10% (Cdn currency killed me as all my stocks are in US dollars). Link to comment Share on other sites More sharing options...
giofranchi Posted September 12, 2012 Share Posted September 12, 2012 Currently at 59%. Unbelievable! Completely out of my league! I bow to you, racemize. Keep on doing your wonderful job! giofranchi Link to comment Share on other sites More sharing options...
racemize Posted September 12, 2012 Share Posted September 12, 2012 Currently at 59%. Unbelievable! Completely out of my league! I bow to you, racemize. Keep on doing your wonderful job! giofranchi I'm fairly certain it will never happen again (assuming it even holds!). I'm hoping to modestly outperform the S&P going forward. Link to comment Share on other sites More sharing options...
DCG Posted September 12, 2012 Share Posted September 12, 2012 Up 30.1% so far this year. AAPL and BAC are the biggest contributors. Link to comment Share on other sites More sharing options...
giofranchi Posted September 12, 2012 Share Posted September 12, 2012 Currently at 59%. Unbelievable! Completely out of my league! I bow to you, racemize. Keep on doing your wonderful job! giofranchi I'm fairly certain it will never happen again (assuming it even holds!). I'm hoping to modestly outperform the S&P going forward. You are humble, just like any person who is sure of his means. I am positive you will go on outperforming the S&P500 by a very wide margin! giofranchi Link to comment Share on other sites More sharing options...
mysticdrew Posted September 12, 2012 Share Posted September 12, 2012 Currently at 59%. Unbelievable! Completely out of my league! I bow to you, racemize. Keep on doing your wonderful job! giofranchi I'm fairly certain it will never happen again (assuming it even holds!). I'm hoping to modestly outperform the S&P going forward. Sounding like a young WEB in his partnership letters! Link to comment Share on other sites More sharing options...
alwaysinvert Posted September 12, 2012 Share Posted September 12, 2012 I'm modestly down this year, trailing the indicies by about 10%. My consolation is that my CAGR since 2008 is at about 15%. First year of underperformance, if nothing drastic happens. I still feel like I'm only just starting to learn this. Link to comment Share on other sites More sharing options...
txlaw Posted September 12, 2012 Share Posted September 12, 2012 66% YTD. Feel very good about my portfolio, despite the volatility in it. Crossing my fingers for some additional catalysts. Link to comment Share on other sites More sharing options...
giofranchi Posted September 12, 2012 Share Posted September 12, 2012 Hey guys! You have all the right reasons to succeed in making me jealous… but you won’t!! ;D ;D ;D Anyway, congratulations to all! You are incredibly shrewd and talented! giofranchi Link to comment Share on other sites More sharing options...
ERICOPOLY Posted September 12, 2012 Share Posted September 12, 2012 110% YTD Link to comment Share on other sites More sharing options...
hyten1 Posted September 12, 2012 Share Posted September 12, 2012 man eric, damn i only up 30+% ytd Link to comment Share on other sites More sharing options...
Hoodlum Posted September 12, 2012 Share Posted September 12, 2012 Up 26% YTD in my registered account. Margin account should be even greater due to Microsoft puts earlier this year. Link to comment Share on other sites More sharing options...
stahleyp Posted September 12, 2012 Share Posted September 12, 2012 110% YTD Killer. 8) Link to comment Share on other sites More sharing options...
ERICOPOLY Posted September 12, 2012 Share Posted September 12, 2012 It's not skill, it's risk tolerance. Like I've said, after BAC works out I'm done. This is my last big gamble. Then I'm going to hold a big chunk of BRK or FFH and the numbers will no longer be volatile. Link to comment Share on other sites More sharing options...
Mephistopheles Posted September 12, 2012 Share Posted September 12, 2012 Up 37% YTD Link to comment Share on other sites More sharing options...
hyten1 Posted September 12, 2012 Share Posted September 12, 2012 eric i know you do quite a lot of options (or maybe i am wrong), I just started dipping my toes into options this year, have been selling quite a few puts to get some cash. by no means is this strategy that will generated considerable amount of return, it might give me an extra 1 or 2% per yr eric, would you mind sharing some of your options strategies and thinking? for example I understand you are big in BAC, do you just by calls mostly for the outsize return? Link to comment Share on other sites More sharing options...
Mephistopheles Posted September 12, 2012 Share Posted September 12, 2012 It's not skill, it's risk tolerance. Like I've said, after BAC works out I'm done. This is my last big gamble. Then I'm going to hold a big chunk of BRK or FFH and the numbers will no longer be volatile. You've inspired me, first with your FFH bet and now with this. Link to comment Share on other sites More sharing options...
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