tag:blogger.com,1999:blog-2949218657849719987.post8480988242841931287..comments2024-02-10T10:35:20.557+00:00Comments on My contrarian adventure: Summary of December 2013Fredrik von Oberhausenhttp://www.blogger.com/profile/10924238593055161520noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2949218657849719987.post-12801145389618323632014-01-26T20:57:36.813+00:002014-01-26T20:57:36.813+00:00Hi PoomK,
yeah that sounds like a good idea. I wi...Hi PoomK,<br /><br />yeah that sounds like a good idea. I will try to implement that for next years summary.Fredrik von Oberhausenhttps://www.blogger.com/profile/10924238593055161520noreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-67461641989701641672014-01-26T20:45:05.824+00:002014-01-26T20:45:05.824+00:00Hi Fredrik
Personally I have two portfolio perfor...Hi Fredrik<br /><br />Personally I have two portfolio performance charts for myself. One is the chart since inception, the other is from the beginning of the year. It helps me a lot to realize how bad I did, and when did that happen.<br /><br />Have a great performing year in 2014!PoomKhttps://www.blogger.com/profile/08306670408348350565noreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-5783242844800539412014-01-13T13:33:02.761+00:002014-01-13T13:33:02.761+00:00Hahaha, yeah, maybe I should run from Commerzbank ...Hahaha, yeah, maybe I should run from Commerzbank but today I consider the management of Asian Bamboo to be worse.<br /><br />The management of Commerzbank looked after their own interest but they did not speculate the future of the company while doing that. As long as fundamentals remain acceptable one should also keep owning the shares.<br /><br />Asian Bamboo have however speculated the entire future of the company by stepping into a completely new field and did then also change the fundamentals which should directly be a sale.<br /><br />So if any then Asian Bamboo will be kicked out... however I will try to bring up the money without being forced to sell any shares.Fredrik von Oberhausenhttps://www.blogger.com/profile/10924238593055161520noreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-33620668865156352782014-01-13T11:35:37.489+00:002014-01-13T11:35:37.489+00:00If I had you sell at least one of your stocks, it ...If I had you sell at least one of your stocks, it would be Commerzbank.<br /><br />Not because of the fundamentals, but mainly because of the lousy management, as you already stated <a href="http://www.contrarianadventure.blogspot.de/2013/05/commerzbanks-board-of-thieves.html" rel="nofollow">here</a>.<br /><br />So, take your (current) profits and Run, Forrest. Run!Falknoreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-61823689175857915192014-01-12T21:20:44.790+00:002014-01-12T21:20:44.790+00:00Sounds like a good advice Chris thanks!
Currently...Sounds like a good advice Chris thanks!<br /><br />Currently I have entered the living on "air and love" modus to try to scrape together the money needed without being forced to sell any shares. It will be tough but doable.<br /><br />2012 was -0.1% and 2013 was -10.1% so not very good! Hahaha! 2014 can only get better and hopefully if a larger correction arrives my poor performing stocks will theoretically be hit slightly less. Future will tell!Fredrik von Oberhausenhttps://www.blogger.com/profile/10924238593055161520noreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-11109752475438056092014-01-12T14:12:59.744+00:002014-01-12T14:12:59.744+00:00Less than two weeks into the year provides a great...Less than two weeks into the year provides a great opportunity to take a look at each of your portfolio constituents and ask 'where do i have conviction?' A simple division between low, mid and high conviction stocks for the future (forget historic profits or losses - they just 'anchor' your thoughts). <br /><br />It is unfortunate that you need to sell a share or two but by dividing your holdings into conviction levels, i hope it will allow you more easily to make a decision. <br /><br />What do you estimate your 2013 performance was excluding the impacts of cash in / out?<br /><br />Keep on going. Investment is 90% perspiration, 10% inspiration. Chris Baileyhttps://www.blogger.com/profile/14641125703755041957noreply@blogger.com