Browsing Category: "Model Portfolios"
The Special Situations Real Money Portfolio is actually a Coverdell Educational Savings Account I started in October of 2004. My goal has been to only invest in special situation opportunities in this account as an experiment on whether individual investors can benefit from this unique segment of the market. These opportunities have included going private transactions, odd-lot tender offers, spinoffs, [...]
The Fat Pitch Financials Portfolio basically broke even in February. I started the month out with a balance of $1,375,445.21 and ended the month with a balance of $1,350,582.57 for a change of 0.04% this month. Nevertheless, this still beat out the negative 1.61% return for the S&P 500 over the same period.
This month was not your [...]
Western Sizzlin (WSZL) just issued a press release announcing that its stock has been approved for listing on the Nasdaq (NDAQ). The company’s common stock will begin trading under the symbol WEST on Monday, February 25, 2008.
I have been expecting Western Sizzlin to announce the listing of its stock on the Nasdaq sometime this spring ever [...]
While sifting through the 52-week low list on Friday at Value Investing News, I spotted the stock of Premier Exhibitions (PRXI). Premier Exhibitions’ stock was down over 20% Friday morning. This ghastly plunge came on the news that Premier Exhibitions’ main source of revenue was at the center of an investigative news report. Shareholders of Premier Exhibitions [...]
The Fat Pitch Financials Portfolio weathered the stormy market in January pretty well. The portfolio was down only 1.18% versus a decline of 6.00% for the S&P 500. There were no new trades in January for the Fat Pitch Financials Portfolio, so my positions are the same as what I reported for the Fat Pitch Financials [...]
The Special Situations Real Money Portfolio held up pretty well this month. I recently received cash from one of the going private transactions I invested in back in October of last year.
I invested in Harold’s Stores (HRLS)Â back on October 23, 2007. Harold’s had announced that they were going to take the company private by conducting [...]
I thought some of you might be interested in seeing how the Fat Pitch Financials Portfolio positions fared today given all the doom and gloom in the air given yesterday’s international decline in equity prices. Today’s change in each of my position are as follows:
Mothers Work (MWRK): +4.14%
Western Sizzlin (WSZL): +2.69%
US Bancorp (USB): +1.66%
McGraw-Hill (MHP): +0.88%
USG Corp. (USG): [...]
The Fat Pitch Financials Portfolio performed nicely in 2007, especially given how rough the market was. According to Marketocracy, my paper portfolio produced a 12.22% total return in 2007. This was more than double the S&P 500 2007 total return.
Portfolio Performance
As you can see from the chart above, the Fat Pitch Financials Portfolio lagged the indexes for most [...]
The Special Situations Real Money Portfolio weathered the market turmoil of 2007 beautifully and managed to return a whopping 47.7% annualized rate of return. Since inception on October 19, 2004, my special situations portfolio has generated a 27.1% annualized rate of return. This performance has far and away exceeded my expectations for this unique little portfolio that I manage [...]
This is just a quick note to let you know that I added McGraw-Hill (MHP) shares to the Fat Pitch Financials Portfolio this morning. McGraw-Hill has been a long term holding in my personal portfolio but my original purchase of those shares predates the creation of this blog and its tracking portfolios.
Given McGraw-Hill’s steep price decline, I [...]
