Dec 2007 Returns
Dec.31, 2007 in
My Trading Returns
These are my returns for December 2007.
December Return: -1.1%
3 month Return: 0.3%
6 month Return: 4.4%
12 month Return: 9.5%
Year To Date Return: 9.5%
Inception Return: 52.2%
Annualized Return Since Inception: 16.5%
These are my current personal positions, along with portfolio weight, as of Monday, December 31, 2007.
Hong Kong (EWH) - 10.2%
Brazil (EWZ) - 9.6%
Euro Currency (FXE) - 9.5%
China (FXI) - 9.5%
Gold (GLD) - 9.8%
India (INP) - 11.2%
Russia (RSX) - 9.2%
Steel (SLX) - 10.4%
Treasuries 20+ Yrs (TLT) - 9.9%
Oil (USO) - 10.8%
I’m holding NO cash. I am approximately 100.046% long, I had a little more margin on last month, but various distributions/dividends have relieved that a bit.
January 1st, 2008 at 11:27 am
Hi Bill,
Good job on your returns for the year. Just curious, is your performance verified by an independent third party? And what was the maximum drawdown from the peak on your portfolio?
Thanks,
Maverick
January 1st, 2008 at 3:02 pm
Hi Maverick,
No, not verified, but trades have been reported real-time since the beginning of my blog at Bill aka NO DooDahs!, so they could be approximated. I am being more consistent now than I was in the past about reporting position sizes, but since the beginning I have been posting trades BEFORE taking them. Click the “Specific Discussion of Individual Trades” category.
The project here at this site is to report model portfolios and transactions, not only for my personal trades, but for four mechanical systems, in such a manner that any reader could independently verify returns. It should be fun!
I don’t have a daily equity spreadsheet, but on a weekly basis, my largest 2007 DD was 14% on WE 3/30/07. I was trading discretionarily and went short expecting another leg down on that correction. Now I’m much more mechanical.
Second largest weekly DD was WE 8/17/07 at 13%, but that probably went past 15% intraday during that week.