MRK Archive

105th Edition of the Festival of Stocks

Welcome to the September 8, 2008 edition of Festival of Stocks. The Festival of Stocks is a blog carnival dedicated to highlighting bloggers best posts on stock market related topics. Fat Pitch Financials is the actual birth place of this online weekly event, so it is always a special occassion when I get the chance

Fat Pitch Financials 2007 Performance

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

November Performance for the Fat Pitch Financials Portfolio

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

Merck Performance Details

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

Merck Sold from the Fat Pitch Financials Port

Today I closed out one of the most controversial positions in the Fat Pitch Financials Portfolio, Merck (MRK). The 5,000 shares of Merck held in the Fat Pitch Financials Portfolio at Marketocracy were sold today for $56.00. I just got an email indicating that the 5,000 shares were sold at a net average price of $55.956 including commissions and fees. I

October Turnaround for the Fat Pitch Financials Port

The Fat Pitch Financials Portfolio had a great month in October. My portfolio was up 8.35% in October, 5.82% of which came within the last week.  The S&P 500 only returned 0.26% over this same period.  What really cheered me up was that the Fat Pitch Financials Port is finally beating the S&P 500 for the

Fat Pitch Financials Portfolio September 2007 Performance

The Fat Pitch Financials Portfolio was up 2.59% for the month of September.  This wasn’t bad but it lagged the 4.79% return for the S&P 500 according to the Fat Pitch Financials Portfolio Marketocracy stats.

Berkshire Hathaway Tops Barron’s Most Respected Companies

I was just reviewing the new stories queue at Value Investing News when I discovered that Warren Buffett’s Berkshire Hathaway was named ‘Most Respected’ by a Barron’s survey. This doesn’t come as any real surprise to me. It’s really about time that Buffett’s company was recognized as a true corporate leader. Some have speculated that

Rough Month for the Fat Pitch Financials Portfolio

The numbers are in for the Fat Pitch Financials Portfolio and they are not pretty.  My Marketocracy portfolio is down 3.74% this month while the S&P 500 was only down 1.86%.  Currently, the Fat Pitch Financials Port is only acheiving an 8.18% annualized rate of return since inception versus 11.79% for the S&P 500. In July, I

Fat Pitch Financials Portfolio Update

I’m a little behind on updating you on the performance of the Fat Pitch Financials Portfolio.  Let me quickly update you on how my virtual portfolio did in May. Last month, the Fat Pitch Financials Port returned 1.48%.  The S&P 500 returned 3.22% over the same period, so I trailed the index by 1.73%.  I’ve