Portfolio – 2009 results

I last wrote about my US equity portfolio in November, and here are the year-end results. Things have been steady since then – mainly becase the portfolio is almost entirely in cash at the moment.

Overall it was a quiet investment year for me in 2009, despite the good results. I went long on Apple, and exited a few months ago, and stayed with Warren Buffet’s Berkshire Hathaway. The results were good, even if the amounts involved were tiny:

Lest I get the feeling that I am good at this stuff – here again is the 2008 calendar year. Not a good one, and the amounts were, sadly, larger, and the total return over two years easily negative.

This year to date the portfolio is up a little under 5% while the S&P500 is down 0.95%. I have no strong investment ideas at the moment, so am staying in cash for now. That may çhange after I visit the USA in March/April and see how things are on the ground. Anecdotal evidence is that that second crash may be still coming.

About Lance Wiggs

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