Posted by Davy Bui on April 2nd, 2009 in Enlightened-American Portfolio, Market Commentary
Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc.
THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET
Enlightened-American Portfolio: +5.2% YTD (including dividends)
DJIA: -13.3%
Nasdaq: -3.1%
S&P 500: -11.7%
DJ WIlshire 5000: -8.9%
Russell 2000 (smallcap): -15.4%
The stock market enjoyed a strong rally in March and while I gained a few [...]
Posted by Davy Bui on January 29th, 2009 in Enlightened-American Portfolio, Stock Research
Readers can dig into all the gory numbers from the company’s press release, so here’s a brief summary of key items:
Freeport McMoran (FCX) managed to generate $201M in operating cash flow (OCF) on realized metals prices of $1.55 copper, $818 gold and $24.55 molybdenum. While the moly price has fallen further to $9/lb, Q4’s results [...]
Posted by Davy Bui on December 5th, 2008 in Enlightened-American Portfolio, Stock Research
See part 1 (Freeport McMoran FCX) here.
Northgate Minerals also had a rough Q3:
Gold production of 64.6k oz au fell 28% below projections. Copper production @ 9.2M lbs was 41.3% lower than forecasted a quarter earlier. While their flagship Kemess mine was the main culprit due to some operational issues (now resolved), all three mines performed [...]
Posted by Davy Bui on December 4th, 2008 in Enlightened-American Portfolio, Stock Research
Beware to those who ignore historical market cylicality. I made two late-cycle investments in stocks heavily associated with copper and am paying for it now. While I hardly bought in at the top, being early doesn’t feel much different from being wrong. Unlike my previous blow-up with American Capital (ACAS), I do not believe the [...]
Posted by Davy Bui on October 1st, 2008 in Enlightened-American Portfolio
Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc.
THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET
Enlightened-American Portfolio: -0.4% YTD (including dividends)
DJIA: -18.2%
Nasdaq: -21.5%
S&P 500: -20.7%
DJ WIlshire 5000: -20.0%
Reuters 2000 (smallcap): -11.3%
Posted by Davy Bui on September 15th, 2008 in Enlightened-American Portfolio, Market Commentary
I start with an analogy…I used to be a big fan of that TV show, Friends but toward the end of its run, I got really bored with the show and couldn’t have cared less when it came off the air. And my least favorite character was Joey, so I had absolutely no interest [...]
