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, …
Tag Archives: portfolio
A lesson in volatility
This year to date my US-based stock portfolio is up 44%, well above the benchmark S&P500: Yippee! Actually – not so fast. Last year my highly levered (lots of options) portfolio went down a stunning 66%. I got caught out selling my shorts too early (I was short Citibank amongst others) and bet on the …
Back from judgement day. Whew.
A little while back my US portfolio got whacked – it was judgment day. But while the volatility of the US stock market took its toll, the positions I held are now coming through, and the portfolio is essentially back to where it was a few weeks ago. That’s when the Citibank short position and …
Lance Wiggs 