Forgive me for the sort of randomness associated with my blog, as I try to create some structure for my blogging style.
With regard to my actual portfolio, I want to be able to provide updates that aren’t so frequent that they dominate my blog, but are frequent enough to represent the changes in the portfolio in a timely fashion. For now, I feel that once a month, at the end of each month, is the appropriate frequency. My style has morphed since my blogging hiatus, into something much more zen like. Generally, I feel that my chance of dying due to a heart attack resulting from trading activity is far, far reduced.
As you’ll notice, I do not intend to provide information regarding my hedging tactics, as the complex idea of hedging should be particular to each trader. Nor do I plan on stating exactly what percentage of my portfolio does a particular holding represent, as the actual percentages vary slightly from account to account. However, I will sort the positions in order of size and additionally, it should be assumed that none of them are larger than 10% of the entire portfolio, as that is my general guideline. Also what will be stated only generally, as opposed to in specifics, is my p&l.
What I do plan to blog each month is an accurate, although basic, representation of what I am holding, how it is performing and how I am performing over longer periods of time.
Here is the first update:
Ticker — Date Purchased — Price Purchased
NKE — 12/27/2012 — 51.25
XOM — 11/13/2012 — 86.85
AAPL — 2/1/2013 — 450.45
GOOG — 11/2/2012 — 694.60
HMC — 12/27/2012 — 36.40
WFM — 2/19/2013 — 88.30
RRC — 11/1/2012 — 65.60
SLV (SS) — 3/12/2013 — 28.25
Cash — 50%. I am also hedged on the majority of my long exposure such that my p&l won’t move unless my holdings far outperform the general market.
I am up 12% for the year.
