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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.940+1.0%Nov 7 3:59 PM EST

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To: Italian Investor who wrote (950)12/31/2011 10:34:49 AM
From: Italian Investor  Read Replies (1) of 1366
 
Well I lost the battle with the S&P I finished down for the year 1.73% while the S&P was basically even. Did better than my idols Buffet (-4.75%), Berkowitz (-32%) and C&S (-13.3%) which is something I can look as a positive, but overall I am not proud of my performance. The names I have going into the New Year have really been pounded and any sign of life will easily make me forget my underperformance of 2011. Hopefully 2012 will be a better year! I feel a lot better going into this year than last with the overall value of my portfolio similar to 2008. We will see how it plays out maybe the market will be a weighing machine in 2012.

SYB started 2011 Ended 2011 finished 2011 down
bac-wta 7.14 2.02 -71.71%
aig-wt 16.5 5.51 -66.61%
bac 13.28 5.56 -58.13%
NMR 6.38 2.98 -53.29%
MNXBF.PK 312 149 -52.24%
aig 48.28 23.2 -51.95%
jef 26.23 13.75 -47.58%
dsecf.pk 5.78 3.06 -47.06%
MTU 5.41 4.19 -22.55%
mbi 11.99 11.59 -3.34%
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