Hi Jay, ALLOCATION DISCLOSURE after deciding to unload 90% of Bank of China IPO issue and stepping aside on the dance floor:
Cash 45% (35% Euro, 24% USD, 20% AUD, 7% CHF, 9% HKD, CAN 5%)
Physical & paper 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 6% (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, 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
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 have these internally not altogether consistent option positions:
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
Short HGMCY February Put 10
Short FCX February Put 10
I do not have debt, and NAV YTD appreciation is now @ 4% (due to gold share tumble), still 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.
Reference last tally:
Message 17784195
Message 17786589
Message 17791952
Chugs, Jay |
