Welcome to the january 12th, 2009 edition of the Festival of Stocks, hosted this week by the Enlightened American site. Below, you’ll find a selection of posts covering a wide array of topics in investing and personal finance. You can find more information on the Festival of Stocks here.
(What's this?)
Interesting Dividend and [...]
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: -13.6% YTD (including dividends)
DJIA: -29.7%
Nasdaq: -35.1%
S&P 500: -34.0%
DJ WIlshire 5000: -34.1%
Russell 2000 (smallcap): -29.8%
Ten months through the year and all I have to hang my hat on is relative [...]
In their 13F-HR filing for Q2 2008, Bruce Berkowitz and his cohorts at the Fairholme Fund continue their shift from energy into healthcare:
(What's this?)
An Overview of the Alzheimer Drug Market
(Wealth Daily, 3/9/10)
What We're Reading ~ 2/5/10
(market folly, 2/5/10)
Drug Marketing Continues to be Criminal
(naked capitalism, 11/9/09)
Read more on
Pfizer
at Wikinvest
Bruce Berkowitz and his team at Fairholme have been keeping busy with several new additions. Quick thoughts:
I am not sure if my scripts are handling the options correctly but since the options have the same CUSPID as the underlying stock, it is hard to tell which options the manager(s) are holding. Berkowitz has [...]
Now that the portfolio page is updated, I can mention that I sold Johnson & Johnson (JNJ) earlier this month (check the portfolio page for details). We made a small gain on it but mostly it was a portfolio allocation and strategy issue.
My girlfriend actually made the call to sell (I do all of [...]
