SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Michael who wrote (30)1/2/1998 12:36:00 AM
From: WBendus  Respond to of 18691
 
Michael,

I would calcuate the return on the total equity available at the beggining of the period for the purposes of calculating a percentage return. ie. If I had $100,000 in equity January 1, 1997 and produced $8,000 on longs and $16,000 on shorts by December 31, 1997, I would consider that to be a 24% return on my account. Total gains (long or short) divided by beggining capital.

Wayde.



To: Michael who wrote (30)1/2/1998 8:27:00 AM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Michael, coumputing percentage gains is tricky. I compute mine by assuming that I am at risk for the price of the stock at the time of the short. If I short XYZ at $10 and later cover at $8 that would be a 20% gain. I admit that is an arbitrary definition.