THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +1.0% through August, 2010 (my actual IRR, including cash balance) DJIA: -4.0% Nasdaq: -6.8% S&P 500: -5.9% DJ Wilshire 5000: -4.9% Russell 2000 (smallcap): -5.0% Emblematic of much of the year’s trading, our portfolio managed to eke a positive gain for the month even as the major indices lost [...]
If you have a strong case for other managers I should include, send me an email or post in the comments below. Also, keep in mind that I use a perl script to parse these filings into the spreadsheet format and some information may be misrepresented. As always, YMMV. Seth Klarman Q2 2010 13F Holdings [...]
Another week, another ride — in this case, a ride up as the major indices got back to even on the year and erased 2010 losses. Since most stocks enjoyed gains last week, a fair number of stocks dropped off our watchlist and a few saw double-digit gains. However, we must remain unaffected by the [...]
The market’s refusal to set on a clear course in either direction demonstrates the level of uncertainty now confronting the economy and investors. Whereas many pundits had previously posited economic recovery was clearly at hand, the latest round of economic data and indicators are forcing a double-take at such a hastily drawn conclusion. Today, the [...]
THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: -1.2% through May, 2010 (my actual IRR, including cash balance) DJIA: -6.3% Nasdaq: -7.0% S&P 500: -7.6% DJ Wilshire 5000: -6.5% Russell 2000 (smallcap): -3.9% Even as our portfolio drifts into negative territory, our performance gap relative to all the major indices widens this month. And while relative performance [...]
HBO is running a new documentary on fracking (shorthand for hydraulic fracturing), a key technology in the current US natural gas boom. Readers can find more information on fracking here but in brief, it is the process of injecting fluids into wells to break up earth and allow better well flow. Since Chesapeake Energy (CHK) [...]
