2015 Portfolio Performance

2015 is coming to an end.  It is timely to review the portfolio performance for the year.

Since I started keeping a proper record in 2013, my portfolio will be in red for the year for the first time after 2 years of gain.

Year-to-date, the value of my portfolio has declined by 0.9%.  The loss is small because I have kept about 50% of the fund in fixed deposit in early 2015, in anticipation that this will be a bad year.

Looking back, a few bad mistakes could possibly be avoided if I am more diligent and less emotional.  Greed and fear remain my biggest enemy.

I hope 2016 will be a good year for all the buddies here.

Wish all of you a happy and prosperous New Year.

????

okay noted.

(Edited)

2015 is coming to an end.  It is timely to review the portfolio performance for the year.

Since I started keeping a proper record in 2013, my portfolio will be in red for the year for the first time after 2 years of gain.

Year-to-date, the value of my portfolio has declined by 0.9%.  The loss is small because I have kept about 50% of the fund in fixed deposit in early 2015, in anticipation that this will be a bad year.

Looking back, a few bad mistakes could possibly be avoided if I am more diligent and less emotional.  Greed and fear remain my biggest enemy.

I notice that there is a thread for buddies to share their 2013 Portfolio performances (though I am not sure if there is a similar thread for sharing 2014 Portfolio Performances).  I hereby create this thread for fellow buddies to share their 2015 portfolio returns and the lessons learned.
http://www.valuebuddies.com/thread-4322.html

I hope 2016 will be a good year for all the buddies here.

Let me take the opportunity to wish all of you a happy and prosperous New Year.

Well this year has not been good, returns is at negative 19.1%.

Lesson learnt is the concept of demand derived companies such as Penguin (oil & Gas), Sarine (diamonds)

Lesson learnt :
- Picking a stock based on it's book value alone can be very misleading,
- do not forget asset, business, structure,
- just keep around 30-40 stocks in the portfolio.

Portfolio is up 3.08% for 2015, this is after some distributions. If we assume no distribution, the portfolio is up 6.74%

On this occasion, I'd like to thank value buddies for their ideas. Thank you very much.

Cyclone,
That is a very impressive performance for 2015!

I wonder why there were distributions? Are you a full-time investor?

a Peter Lynch 4th year for me:

XIRR (2015) = 38.4%
XIRR from 23 Jul 2003 till end of 2015 (12.3 years) = 20.2%

Strategy is ultra concentrated, preferably penny stocks with very good balance sheet, still can make reasonable profits, and not property counter.

My analysis of the outperformance is that it is basically due to luck (4th year happen in only half year...)

Lesson learnt is that I should have followed a consistent strategy and avoid buying a commodity(coal) stock that tanked and tanked and tanked.

(31-12-2015, 06:46 PM)krowten Wrote: Cyclone,
That is a very impressive performance for 2015!

I wonder why there were distributions? Are you a full-time investor?

krowten, it was just lucky. 
Investing is a hobby but can be profitable which may be regarded as a part time job now. 
I'm a fun manager, not fund manager. I manage my own and next of kin money. So, I decide to distribute.

Nice one, fun manager =)

(03-01-2016, 02:05 PM)newborn1000 Wrote: Nice one, fun manager =)

Yes, a fun manager is much more fun than professional fund managers.