What's your annual return?

[ParleVouFrancois]

SKC my current investment style is a strange mix of deep value investing with a bit of trading on the side (basically if I believe the price has moved too far upwards without the intrinsic side improving as well, I'll sell out a bit or all my holdings). I never invest in companies I don't understand. I've grown to understand several industries quite well over the past few years, and this year the smaller cap resources seem to be the most fertile ground for investment.

So basically, although I would say I do some "trading" I wouldn't call myself a "trader" by any stretch of the word. I rely on my research to give me an edge as opposed to the application of a system that limits emotion in the share market.

 

[yonnie]

Now who are these 200+ gurus?
I almost made a 500%+ too..

I dont think people who make that kind of return would be so foolish as to publish their result and be ridiculed by other people on this forum........
proof! proof! proof!

 

[Gringotts Bank]

There's a line from a movie which went something like this: "when you ask a guy how many women he has slept with, take the number and divide it by three to get the actual number - the rule of three!" :

But if you didn't bend the truth and polled a result of >50%, wow, well done!! Can you do it year-in-year-out?

I wonder whether ASF should have a ranking system whereby posters can have their broker statements independently verified and rated. That way when people post you know if they're just guys who like to post a lot and play "teacher", or whether they actually get results. Sometimes the two are mutually exclusive!

 

[Kremmen]

But if you didn't bend the truth and polled a result of >50%, wow, well done!! Can you do it year-in-year-out?

For myself, the answer is definitely ... No. In the period chosen for this poll, I made 6 major stock purchases. 4 of them are (or were, in the case of ADI) up over 90%. The average rise of the 4 is 138% and they now make up 50% of my portfolio. This does not represent my usual return and I would never claim it did.

 

[vincent191]

I have slept with over 200 women and I get a >50% return p.a. Just for your information my nose is also about 10 inches long and growing longer by the day.

 

[Attolio]

Nice profit, tahpot

 

[ParleVouFrancois]

Similar to Kremmen, if I take out the MHM buy (my biggest return this year by FAR) and instead count it as zero profit, I've got about a 43.7% return on this year which is far less than what my current return is. So I guess what I'm saying is that the guys making the big %'s are either telling big porkies, had a few good companies they bought (I only had a small investment in MHM and that transformed my portfolio, I sometimes daydream what it'd be like if I had 100% in MHM, but alas my balls are not made of steel and do not drag along in the dirt when I walk ) or don't achieve that sort of return often.

Either that or they are actual stock market geniuses. It wouldn't surprise me that they hang out on ASF, HC, it'd be the type of place to attract these people just as much as it'd attract the bottom feeders of the share marketing world.

 

[tahpot]

Similar to Kremmen, if I take out the MHM buy (my biggest return this year by FAR) and instead count it as zero profit

Good idea. Although I can't get a precise figure (due to deposits and withdrawals) approximately 50% of my percentage gains have come from MHM. I'm currently on 325% for the last 3.5months of which I can attribute 175% to MHM. All up I have traded 17 stocks over 65 trades with a monthly rate of return of 44%. Clearly this is unsustainable and 3.5months is a terribly small sample space. Still good fun though

 

[basilio]

Interesting idea. I think it is ambitious to expect people to accurately own up to their results here. It can either look like a brag or be complete BS. And who is prepared to admit they lost big time ?

I have to say I have a similar strategy to Parlevou. I started with a few stocks I researched well (including excellent analysis and heads up from other posters on ASF) . In particular I am a strong fan of LNC. I believe it has an outstanding medium-long term outlook.

Around June I decided LNC had to move when it sold it's first coal mine - so I became a one stock portfolio and did well.

Since then I (also like Parlevou) saw MHM emerge and managed to get in before it totally exploded. (Unfortunately I also had another couple of punts that are still languishing..) Interestingly if I had simply kept all of my LNC shares intact I would be doing a lot better at this stage.

And just recently HOG has emerged as what seems to be a very special opportunity. But we'll wait and see..

Again I havn't the cast iron cajones to make a play in all the exciting possibilities in start up explorers.... However I have noticed that Crazy Jim Smith seems to be good at identifying opportunities quite early in the piece. Worth a look I suggest.

http://crazyjimsmith.blogspot.com/