UL Archive

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

Unilever Sold

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

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

S&P 500 Passes 1,500, Time for Special Situations?

It’s hard to believe that the S&P 500 surpassed 1,500 today.  I’m starting to question the margin of safety on all my holdings now.  Unilever PLC (UL) , my best performing position since I started the Fat Pitch Financials Portfolio, was up over 3% today and is now trading about $32. I was having trouble

Unilever – Brand Names at a Value Price

Unilever (UL & UN) recently popped up on one of the value screens that I follow, and I was a bit surprised that this brand name giant might be selling for a discount price. Then this morning I spotted several news items concerning Unilever, and they didn’t sound very promising. They all revolved around a