Browsing Category: "Model Portfolios"
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) 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 [...]
As you can see from the chart below, the Fat Pitch Financials Portfolio outperformed the S&P 500 this month as well as the other major indexes. The portfolio closed with a balance of $1,367,882.61 on November 30, 2007. My cash levels climbed up to $558,727.41. It’s really nice to have cash in the ready now [...]
November was a slow month for the Special Situations Real Money Portfolio. There were no new transactions in November. I’m just waiting for one going private transaction to come to completion, which should happen this month.
The Special Situations Real Money Port closed the day on November 30, 2007, with a balance of $13,174.68. This is [...]
The Fat Pitch Financials Portfolio has a new stock. It is Western Sizzlin Corp. (WSZL). I was hoping to write about this position last weekend, but transferring Fat Pitch Financials and Value Investing News to a new server took up all of my free time last weekend. In retrospect, I should have at least found time [...]
My position in Unilever (UL) in the Fat Pitch Financials Portfolio was sold yesterday. Unilever traded up recently on news it is selling off its marinades to McCormick (MKC). The price of UL shares had become richly valued, and I started getting concerned that a margin of safety no longer remained. The 9,000 shares in the FPF Port [...]
Yesterday, I reported that I sold my position in Merck (MRK) in the Fat Pitch Financials Portfolio. I have some additional performance statistics to provide on this trade.
According to Marketocracy, I had a total return of 76.89% on the 5,000 shares of Merck purchased on October 4, 2004. The appreciation in share price alone was 63.19%. [...]
