Thursday's Activity, Overall Performance, Current Holdings
Bought Long 3/4 position NVDA at 80.10
After being down all day, I ended with a very small profit today. 4 for 4 this week.
Pretty boring day today, as I patiently await early afternoon on Tuesday May 15.
Expect pretty significant changes in my portfolio heading into the FOMC decision.
Profit of $2,319 or 0.14% for the day.
Overall Performance since April 28, 2001:
Potfolio value is $1,643,531
Portfolio is plus $143,531 or 9.57%
I am currently 13 to 10 to the short side (approximately 383K long and 513K short, 57% vs 43% to the short)
Portfolio is approximately 54.53% invested
Total realized gains since April 28, 2001 are $137,070
Link for Current Holdings:
siliconinvestor.com;
The link above mirrors my personal portfolio exactly.
On April 28, 2001 the portfolio was valued at 1.5 million
A full position represents 6% of portfolio or $100,000
At the end of each month, I dollar cost average 1/2 my profits into value mutual funds.
The portfolio is managed like a hedge fund. (a mix of value longs and overextended, overvalued shorts)
I try to limit my loses to 8-10% maximum and most of the time much smaller, based on a full position.
Many Happy Returns
Michail |
