Author Topic: TSR Capital Launches - Beat Mr. Market  (Read 2491 times)

TSR Capital

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TSR Capital Launches - Beat Mr. Market
« on: June 11, 2013, 09:55:29 AM »
I'm starting a mock portfolio which I will keep track of at this blog: tsrcapital.blogspot.com.

I'll update my portfolio each Fund Friday.  I'll try to make some blog posts detailing my investments as well.

I enjoy finding low valued stocks of well run businesses.  I  look for low price/free cash flow, p/e, p/book.  Basically businesses that I believe are undervalued.  Dividends are a plus, but not essential.  I also apply the same analysis to ETFs/funds which I might include in my portfolio.

I've had some success in the past and have been stock picking for almost 16 years now.

Let me know if there is something you'd like to see/know that I'm not posting.

Note: There is some overlap between this portfolio and my own actual investments.  So I am talking my book somewhat. 




smedleyb

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Re: TSR Capital Launches - Beat Mr. Market
« Reply #1 on: June 11, 2013, 06:42:42 PM »
Is this a long only fund, or can you hedge/short?

What about using derivatives? 

In any case, get goin'.  The S&P is already up 15% on the year, which means you are dramatically underperforming the market.  No year end bonus for you!

Good luck.


TSR Capital

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Re: TSR Capital Launches - Beat Mr. Market
« Reply #2 on: June 11, 2013, 07:10:37 PM »
Long Only.  No derivatives.

TSR Capital mock fund started last Friday, not at the start of the year, for fair comparison.

grantmeaname

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Re: TSR Capital Launches - Beat Mr. Market
« Reply #3 on: June 15, 2013, 03:00:59 PM »
Are you comparing this to a portfolio that's been 100% in the market since the first day of your portfolio, or are you having them be equally invested (i.e., right now only $1700 of the comparison portfolio is in the index and the other $98,300 is in money market?

Are you doing the simulation in a fee-less world or including trading fees in your comparison?

TSR Capital

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Re: TSR Capital Launches - Beat Mr. Market
« Reply #4 on: June 15, 2013, 05:01:22 PM »
Note that in my table Cost refers to the cost basis of the holding, and Market refers to the current market value of the holding.

I intend to put up a performance comparison at the end of each quarter.  Maybe I'll do it each week along with the basic holdings table.  My current plan is to compare my portfolio to the Russell Global Index (with dividends) from the start date of my portfolio.

My transactions assume no commissions or other cost.  I'm using Google Finance portfolio tool to keep track.

I manage this portfolio with an aim towards absolute returns, not just equity market outperformance.  At times, I may hold much of the portfolio in cash (basically US treasuries).  I have some decent ideas for stock buys, so I should be adding equities to my portfolio over the next few months.

smedleyb

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Re: TSR Capital Launches - Beat Mr. Market
« Reply #5 on: June 15, 2013, 07:58:07 PM »
Care to share what's on your buy list?

grantmeaname

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Re: TSR Capital Launches - Beat Mr. Market
« Reply #6 on: June 16, 2013, 07:38:14 AM »
My current plan is to compare my portfolio to the Russell Global Index (with dividends) from the start date of my portfolio....
I manage this portfolio with an aim towards absolute returns, not just equity market outperformance.
Is the Russell global index a suitable benchmark, then?