Sunday, November 15, 2009

Marketocracy Portfolio Updated - November 14, 2009


























On a year to date basis, the S&P 500 recorded a 23.67% return, while the Nasdaq secured 37.47% and the Dow notched a 17.02% return. My Marketocracy portfolio obtained a 66.3% return.


Previous update:
http://malaysiafinance.blogspot.com/2009/10/marketocracy-portfolio-update-2-october.html

http://malaysiafinance.blogspot.com/2009/09/marketocracy-portfolio-update-10.html

As mentioned before, the objective of the portfolio was to beat the S&P 500 consistently over time. Modern finance subscribe to the theory that over time stocks offer superior returns - that being the case, as long as you outperform the benchmark index, you will register superior long term performance. Hence it is useful to look at the performance relative to the S&P 500. Over the last 12 months, the outperformance was by 50.96%.

The Salvador Fund (SMF) line in orange. The m100 line is the aggregate performance tracking the top 100 funds in Marketocracy. The comparison is stark but to be fair, this portfolio will need another 1.5 years before we can safely say its a superior long term performer.

Value: $1,198,431.95 Cash: $106,031.15 Stock Value: $1,092,400.80 NAV: $11.98


graph of fund vs. market indexes
SMF m100 S&P 500 DJIA Nasdaq
left curve recent returns vs. major indexes right curve



MTD QTD YTD
SMF 4.39% -3.53% 66.30%
S&P 500 5.66% 3.70% 23.67%
DOW 5.74% 5.75% 17.02%
Nasdaq 6.00% 2.14% 37.47%


recent returns right curve


RETURNS
Last Week 3.61%
Last Month -6.72%
Last 3 Months 2.01%
Last 6 Months 21.32%
Last 12 Months 74.06%
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception 19.84%
(Annualized) 14.86%
S&P500 RETURNS
Last Week 2.33%
Last Month 0.30%
Last 3 Months 9.47%
Last 6 Months 25.18%
Last 12 Months 23.09%
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception -10.08%
(Annualized) -7.81%
RETURNS VS S&P500
Last Week 1.28%
Last Month -7.02%
Last 3 Months -7.45%
Last 6 Months -3.85%
Last 12 Months 50.96%
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception 29.93%
(Annualized) 22.67%



left curve alpha/beta vs. S&P500 right curve


Alpha 32.05%
Beta 1.16
R-Squared 0.79





[download spreadsheet]


Symbol Price Shares Value Portion of Fund Inception Return
BDD $13.74 5,000 $68,716.00 5.73% 43.95%
MGM $10.75 9,500 $102,125.00 8.52% 43.85% Details
STAR $34.03 3,500 $119,105.00 9.94% 42.41% Details
F $8.41 10,000 $84,100.00 7.02% 31.03% Details
PLD $13.60 8,118 $110,404.80 9.21% 23.28% Details
QSII $62.66 1,500 $93,990.00 7.84% 21.29% Details MIDDLE
GE $15.66 4,000 $62,640.00 5.23% 5.74%
NYB $11.52 6,000 $69,120.00 5.77% 5.15%
JEC $43.95 1,500 $65,925.00 5.50% 5.14%
NVDA $13.56 5,000 $67,800.00 5.66% 1.53%
LOW $21.85 3,500 $76,475.00 6.38% 0.46% Details
JNPR $26.15 2,000 $52,300.00 4.36% -1.18% Details
KBW $26.60 4,500 $119,700.00 9.99% -2.03% Details





p/s photos: Jessie Chiang Yu Chen

2 comments:

ng said...

Hi Dali, just want to know the title of the book that you show to the crowd during your talk on 31/10/2009. I couldn't find it in the book store.
Thanks & regards.

ng said...

Hi Dali, just want to know the title of the book that you show to the crowd during your talk on 31/10/2009. I couldn't find it in the book store.
Thanks & regards.