SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Pitbull Investing Strategies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doo who wrote (142)6/10/1997 6:11:00 PM
From: John Langston   of 789
 
Jeffry: Whether my returns are lagging are based on my own risk/reward demands and the appropriate benchmark. I haven't calculated my actual returns as yet from when I began using Pitbull at the end of March 97. I haven't selected a benchmark. But, since you asked, I looked back through my selections. I currently have 20 stocks in my portfolio that were purchased on the following dates:

3/31 - 1
4/04 - 1
4/24 - 3
5/06 - 2
5/19 - 1
5/23 - 1
6/02 - 4
6/09 - 7

My portfolio is now up 10.4% with these 20 stocks. During this time I've also selected and sold 13 other stocks. . .4 have been winners, 9 were losers. One loss was near 10%, the rest were below 5%, generally in the 2-3% range. I haven't always understood correctly or used the rules properly. On OFCP I let a 22% return trickle away until I sold it for a small gain. Duh! I have seen my success rate increase signficantly in recent weeks since I've clarified the parameters and watched my portfolio more closely.

I will soon calculate my real returns, but only for the period during which I understood AND used the guidelines appropriately. I know. I have more than 8 stocks. But, don't hold it against me. (g) I want to judge the system based on more choices each week.

Most people that I know who use CANSLIM, use it incurring greater risk than O'Neill himself. We all have to consider risk. The high flyers can cause signficant pain in a minor correction. I like Ford's CPM and MR. They have that "value" flavor to them. (g)

Now that I'm through over-answering your question, I'll shut up. (g)

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News