Hi Jay, ALLOCATION DISCLOSURE:
Cash 42% (37% Euro, 26% USD, 21% AUD, 7% CHF, 3% HKD, CAN 5%, Paper Gold 0.2%)
Physical gold and platinum metals 6% (75/25 respectively)
Bonds 21% (91% USD, 9% Euro, valued at lower of cost and market)
Rental Real Estate 22% (valued at cost)
Equity 9% (AAPTY, AMGN, AOL, AU, AWK, BP, CHL, CMCSK, CWT, DROOY, GFI, HGMCY, IMPAY, NEM, PAAS, RAD, RD, SWC, XOM, Hongkong & Shanghai Banking Corp, CNOOC, Petro China, Sinopec, Bank of China (big bet acct’g for 37% of 9%), Newcrest Mining, Zimbabwe Platinum) w/ ZIM.au accounting for 0.2% of NAV, and a sliver of this biotech starter set (0.1% of NAV) - a private equity approach to public listed ventures - recommended by DAK:
siliconinvestor.com
I have these internally not altogether consistent option positions:
Long RDN August Put 40
Short NEM Sept Call 30 covered
Shot NEM Sept Put 25
Short SWC Oct Call 20 covered
Short HGMCY Nov Call 15 covered
Short NEM Dec Put 25
Short NEM Dec Put 20
Short CMCSK January Put 12.5
Short VZ January Put 25
Short BP January Put 40
The above noted South African resource shares are in their ADR and regular flavors.
My MS Money morgue contains these residual shares that qualify me to receiving annual reports from AIG, INTC, MRK, MSFT, PFE, QCOM, WMT, and in HK equity morgue - Phoenix Satellite TV.
I do not have debt, and NAV YTD appreciation is now @ 4.53%, well on track to a more than ambitious 8% for 2002. This tally to date is conservative, based on always valuing the bonds and real estate at lower of cost and market.
The portfolio went up as high as 5.x % before falling back due to mining shares and currency losses.
Reference last tally:
Message 17699200
Message 17738443
Message 17767150
Message 17772346
Chugs, Jay |
