2013 Portfolio Performance

[pianist]

It translated to 14.8% return, not too bad. If without the two "dogs" contribution, then it will be 22%, right?

which two 'dogs' was that? care to share pl
I need some fu dogs to guard the main door in 2014

[Some-one]

My XIRR for 2013 alone is 14.3%, CAGR is 45%. Not too bad for a weak year...

Nice~
Would you like to share which stock was the top contributor to your 2013 success and may I also know your CAGR is over a period of how many years? thanks ^^

Finally able to consolidate all the results. My CAGR from 2010 to 2013 is 37.56%. Standard deviation is 14.07% over the same period.

My top 3 contributors for 2013 are Ezion Holdings, Silverlake Axis, Vibrant Group (f.k.a. Freightlink Express). Each of them gives me more than 40% of returns year-to-date. My portfolio has outperformed STI by about 12% for 2013.

My annualised return over the last 3 years is 17.3%.

Here's wishing you and everyone to a happy and prosperous new year! Happy 2014!

[yawnyawn]

Wow! Looks like my portfolio had a below average performance as compared to the performance of fellow forumers.

My returns in 2013 was 14%. Top performers were MTQ and Neratel. The worst 2 dogs was Pollux Properties followed by Sing Holdings.

I get most of my stock picks from valuebuddies too. thank you all sifus for sharing

[thinknotleft]

My performance for 2013 is 15%. I use value per unit. Its a simple way, just start with $1 per unit. When you add $ to portfolio, you just add units based on the last value per unit. If you sell, you just subtract unit.

[pianist]

care to briefly by showing example on a 3 counters scenario how yr value per unit method works? thanks

[dzwm87]

My performance for 2013 is 15%. I use value per unit. Its a simple way, just start with $1 per unit. When you add $ to portfolio, you just add units based on the last value per unit. If you sell, you just subtract unit.

This was covered in the previous thread. Essentially, it is the same as the NAV method while liabilities are close to zero since there are no fees for a PA.

[thinknotleft]

There's an example here:
http://www.get-digital-help.com/2010/03/...-in-excel/

I have been using this method to calculate my returns since 2006 (after noting this method from a book). If you track your portfolio on regular, say monthly or weekly basis, you can plot your performance using the unit price. Like unit trust.

[newyorkcityboy]

Hi Buddies, I got a low teens return. Pretty ok for a begineer.

I think we should share our dogs in the portfolio so that we can learn from each other. Mine was Conscience Food. After I got vested, there was a fire reported. Then, it got delisted at below my entry price, before the expected turnaround in the business and also the introduction of the beverage drinks line.

Thank you all.

[jovialger]

Hi thinknotleft and dzwm87

For your NAV method, that would need a stock valuation done each date a transaction is done, including dividends? Wow, how to automate this stock valuation if we want to backtrack for 4-5 years?

Or have to rebuild from scratch?

[dzwm87]

Hi thinknotleft and dzwm87

For your NAV method, that would need a stock valuation done each date a transaction is done, including dividends? Wow, how to automate this stock valuation if we want to backtrack for 4-5 years?

Or have to rebuild from scratch?

I may be wrong and it will be good if others can point out the correct method but I prefer the NAV method for my own PA since it is what FM tend to be using. Not sure if XIRR works that well since I've never really try it and it is subjected to the time of cashflow as someone pointed out in this thread.

Essentially for NAV, you only need to value your portfolio whenever you want to put in more capital. This is where you "buy" additional units based on the current NAV which is very simple to be calculated. If NAV is 1.10 and you are putting in $10,000, then you will purchase ~9,091 units and these add to the total amount of unit in the fund. Again, the idea is to make sure your NAV does not record a gain whenever there is an additional capital being injected.

Tracking the performance will be easy since you are the single main "client" and you can just look at the overall NAV without tracking the component of each capital...if you understand what I mean.

You probably have to rebuild it from scratch since your beginning NAV will be dependent on the first capital injection. If $10,000, then 10,000 units so your NAV (net capital/total units) will be 1.00 in the case of a 100% cash position.

Rebuilding it won't be tedious unless you have a lot of capital injections because you only need to re-value your portfolio when you add more capital. You can try formulating some macros but if it's not diversified at ~100 stocks and has a low turnover, then it's more efficient to do it manually.