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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (11282)8/26/1999 11:20:00 PM
From: Rande Is  Read Replies (2) of 57584
 
Speaking of which. . . .Our Long Portfolio Year-To-Date beat the Top Mutual Fund. . . and I haven't even weeded out the dogs, nor sold a single stock all year long.

Here is link to Bloomberg.com, which has a daily ranking of mutual funds: bloomberg.com

Here is link to our Long Portfolio Year-To-Date. . .which must be entered from the OLD SI. . .. . . techstocks.com

This long port is up 151 percent. In the first 3 months of the year, it outperformed the top mutual fund by nearly twice as much.

But if you REALLY want to see some performance in a long portfolio. . . check out the one, where I took a defensive position through the summer. . .called "April Alternative" . . . .it took the Internet money from the highs and re-invested it in some strong stocks that held their value. . . this port is up a whopping 238 percent since December 9, 1998.. [must be calculated from original 1381 investment]
techstocks.com

If I get some time, I will finish converting this port into a Long Port 1.2 August Alternative, based on our original long port. I had started this morning, then SI went down and I lost the new portfolio.

And yes, I am hoping to get a mutual fund up and running. . . but the paperwork [offshore or onshore] seems to be too intimidating for most attorneys. . . so we aren't much further along than 6 months ago. Perhaps in a few months I will be able to "incent" someone to get off their butts and make it happen for me.

I have received numerous requests to turn my portfolios into mutual funds and I've not forgotten. But keep sending that email so that everyone's kept aware of developments on the coming websites, mutual funds and other such events. Send your email address to Rande@writeme.com. No telling what happens with S I and I want to make sure I can get in touch with EVERYONE here.

Rande Is
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