Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: tom pope who wrote (101893)	6/1/2008 5:25:13 PM
From: chowder	Read Replies (1) of 206085

>>> Good job is an understatement. Outstanding. <<< .......... That depends! Were the positions large enough to have a huge impact on the entire portfolio, or were they "small" positions and only provided marginal overall results? 5% of something is often better than 30% of nothing when it comes to the overall performance of the portfolio. He did a great job of picking winners! I tip my cap for that! He often says I took a small position. I don't know how he defines small. I don't know the position sizing. I don't know the overall performance. Hence, the "good job" rating. A 30% overall performance would be an outstanding job.

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