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. [...]
General Electric (GE) has been one of the biggest stinkers in my portfolio for some time now — completely my fault for not demanding more margin of safety and buying at too high a price. But a couple years removed from the 2008 crisis, GE looks too cheap @ $16 so I’m adding to my [...]
And here I thought we were just going to coast into year-end … As mentioned in my portfolio review, I was looking to close out a few naked put positions which had minimal value left. I closed out my TEF and AEO naked puts on 10/31 and good timing too in the wake of the [...]
THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +10.8% through Oct 29, 2011 (my actual IRR, including cash balance) Dow Jones Industrial Average:+5.7% Nasdaq: +3.2% S&P 500: +2.2% DJ Wilshire 5000: +1.2% Russell 2000 (smallcap): -2.9% October’s stock market melt-up has pushed most indices back into positive territory for the year. While my portfolio is outpacing the [...]
Chesapeake Energy (CHK) preferred stock is one of the largest positions in my portfolio and with the recent sell-off in energy names, I considered adding CHK common stock but instead chose to open a position Devon Energy (DVN). The two companies share a similar profile: Headquartered in Oklahoma, operating in the onshore North American market [...]
