Tweet
That was a long time ago, that I wrote an end of year result. The portfolios are dormant for the moment because the screens didn’t generate enough picks to choose from, but I one of these days I am going to check if that has changed.
-
My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!) -
Marketocracy has changed and I will lose my portfolios. This thread will stop. Well, it ran out of steam a long time ago anyway.My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)Comment
-
No no. Say it isn't so. What happened to the funds? The strategy?Originally posted by Karel View PostComment
-
Oh, the stragey was a weak copy of $$$Mr. Market$$$'s but still went well. Then I got some health problems and my personal momentum got lost. The funds suffered from that, and now Marketocracy is restyling their free, registration only service into something very limited and unusable for tracking a strategy. I think about looking for another portfolio simulation. Starting completely anew might be just what I need.My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)Comment
-
-
You will find my reports on my new Investopedia portfolio at:
My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)Comment
-
Here is Karel's loved Marketocracy thread, where he posted his weekly updates on his top three companies based on MrMarket's formula. To enjoy a walk down the path they left for us, I will continue Karel's Shotgun portfolio with weekly updates and a top 3.
This should give me a nice weekly routine for the stock market on the weekend, so no decisions based on emotion. The last thing that I would need for this strategy is a market timing service, and indeed I spent the last 3 years and over $100,000 dollars, all my money to find a market timing service, but I didn't find one for long term trades. This must mean you can't time the market, so like Karel I will submit to a bear market when one comes, and I will keep my hope that when it ends there will be a new bull market that takes prices back to the highs. This is based on a belief that the government will continue supporting business and keeping people's jobs with time and money. Without the government, companies go bankrupt and culture turns wild at the mercy of the oldest and most enriched financier. But I believe in young people and in opportunity, so this strategy will be for improving life at the bank when I am done with all my house and hotel work.
So how did Karel Update his fund? He created a dump like MrMarket. So first I will create a universe of 200 stocks. I am using MarketSurge Screener. I have 200 stocks filtered from earnings stability, p/e ratio, debt, and relative strength. Now I will rank them on Price Performance and Price Performance divided by P/e Ratio. I won't use 3 consecutive years of earnings and sales growth, I will use a stable earnings number based on the last few years of reporting. This means the company might not be growing, but it's earnings are stable and it's p/e ratio is reasonable, and its stock price is strong relative to what else is out there.
There were a lot of stocks to pick from and I think Karel would be happy with the results. Here is the dump after I filtered for a daily average volume of $1,000,000 dollars:
UGP, PLAB, CM, SBS, HPE, RPRX, TD, RIO, C, GSK, WT, MFG, HSBC, STT, RRX, CFG, ST, BK, FDX, VLY, NTRS, SMFG, DD, WBS, BIIB, NVS, HE, MUFG, NGG, KEY, ZTO, HASI, TXT, GILD, EBC, CSCO, ABEV, CNX, FHN, FITB, JPM, POR, MTB, OHI, AQN, SLB, CCK, GTES, BKH, BCE, BUD, BALL, EPD, ES, WPC, CB, D, KRG, BRX, O, CVBF, EXC, UE, CCEP, ALGN, WTRG, CNI, REG, PCG, ORI, NNN, T, ADC, SKT, PSA, EPRT, DVA, PB, EXR, OKE, STZ
Which ones do you like? And why?
I will buy the top 3 from this lisk next week after I go to the bank and open up my brokerage account.
Comment
Comment