When I put together the two 10 stock Portfolios of 'Sergio H' and 'Buffett' it was based on purchasing one unit of stock for each company. At the end of a period the total dollar gain divided by the original total cost for 10 stocks, multiplied by 100, gave one the overall percentage gain of the one Portfolio, which could then be compared with the other.
I would suggest that that is a way of “keeping it simple” in terms of comparing our stock portfolio’s performance with that of Buffett.
I would also agree that we wait a 9 month period before making any change, unless there is a buyout on one of our positions.
Apart from that I, personally, don’t think we should do anything else, within the agreed time period of 9 months, other than to mirror what Buffett does in terms of removing a stock from our portfolio should one of his stocks be removed, for whatever reason.
At the end of 9 months we can see how we did versus Buffett, based on his actions and our original choice of stocks which was made according to our criteria, which may, or may not, be the same as his.
Of course, the above is just my opinion. If folk wish to do something different then it’s certainly Ok with me and I'd be happy to go along with it.
In the meantime I’ll start putting links to the individual stocks at the bottom of my board’s header so that members can go there and vote. I’ll also create a place for the “Rules”.
Maybe we can try, by Monday, to finalise the Rules so that they can also be placed in the Header. |
