Special Situations Real Money Portfolio 2012 Performance

Wednesday, January 16th, 2013 | Special Situations Real Money Portfolio with No Comments »

Sorry I’ve been so quiet here on Fat Pitch Financials. I found 2012 to be an extremely challenging year for me both financially and professionally.  Thankfully, I came through it all pretty well. The Special Situations Real Money Port had another successful year.

The Special Situations Real Money Portfolio started 2012 with a balance of $46,029.93. I deposited another $2,000 at the end of the year and the portfolio closed out the year with an ending balance of $53,497.88.  Adjusting for that deposit, the Special Situations Portfolio returned 11.4% in 2012. That’s a bit better than the Special Situations Real Money Portfolio performance for 2011, but not ideal. I did not find too many great workouts in 2012, so I didn’t end up beating the 16% total return for the S&P 500 in 2012.

While I under performed in 2012, I’ve still been able to achieve a 23.13% annualized rate of return since inception.  The portfolio’s total return from inception back on October 19, 2004 until the end of December 2012 is 234.36%.

My hope for 2013 is that going private transactions and tender offers start happening a bit more often.  If not, I’m going to have to start looking for new types of workout opportunities.


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