With markets remarkably resilient in the face of continued euro region troubles, an anemic US economic recovery and growing concerns of a crash in China, investors may want to consider deep value stocks for possible investment. While cheap stocks can always get cheaper, true value stocks (as opposed to value traps) will probably fall less [...]
I have been looking to sell PWE around $20 for some time … for a rundown of my reasons, please see this article. Investor optimism at the start of a new year provided that opportunity but instead of outright selling the shares (and missing out on future gains), I instead sold PWE $20 June 2012 [...]
THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +7.6% in 2011 (my actual IRR, including cash balance) Dow Jones Industrial Average:+5.5% Nasdaq: -1.8% S&P 500: 0.0% DJ Wilshire 5000: -1.4% Russell 2000: -5.5% Warren Buffett once stated an investor needed 5 years minimum of track record before any judgment on investment acumen can be made. I have [...]
THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +9.5% through Nov 30, 2011 (my actual IRR, including cash balance) Dow Jones Industrial Average:+4.0% Nasdaq: -1.2% S&P 500: -0.9% DJ Wilshire 5000: -1.9% Russell 2000 (smallcap): -5.9% New adds to the portfolio included Applied Materials and rolling over the Telefonica naked puts. Also added to my GE position. [...]
With the turbulence in Europe and questions of US economic growth, markets seem particularly susceptible to headline risk, subjecting investors to massive volatility and major political risk. One of the appeals of activist investing is the possibility of a situation-specific catalyst, which allows results to de-couple from the broader market. Of course, activist investing requires [...]
Got spreadsheets up for some noted activist investors. Keep eyes peeled on Seeking Alpha for more analysis. Pershing Square (Bill Ackman) Q3 2011 13F Holdings Spreadsheet Carl Icahn Q3 2011 13F Holdings Spreadsheet ValueAct Q3 2011 13F Holdings Spreadsheet Starboard Value Q3 2011 13F Holdings Spreadsheet
