Goal in 2015: $92k to $150k

Discussion in 'Journals' started by universaller, Jan 3, 2015.

  1. Updated as of yesterday (1/16/23):

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    #71     Jan 17, 2023
    Nobert likes this.
  2. Updated as of yesterday (1/20/23):

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    #72     Jan 21, 2023
  3. spectastic

    spectastic

    I haven't dug very deeply though your posts. but did you ever write more in dept about your trading/investing strategy? I saw you don't do fundamentals and yet also averse to shorter time frames due to your other commitments. So where does the alpha come from? Are you adopting CANSLIM methodology from o'neil? how have you navigated the 2020 and 2022 bear markets, and what lessons have your learned?

    Also, is this the kind of returns that your former employer Cornwall capital (aka brownfields fund) saw leading up to the 08 GFC? I'm intrigued.
     
    Last edited: Jan 23, 2023
    #73     Jan 23, 2023
  4. Almost all of the winning strategies I use now are from Jamie and Charlie. I started working for them right after college (applied math at Cal Berkeley) and without this experience, there is no chance that I would generate these returns.

    Cornwall had great investment returns even before GFC (I joined the firm on Jan 5, 2005 before Ben joined). If I recall correctly, it had about 40% every year but there were many asymmetrical positions where the payouts were amazing like 300% to 1,000% in short terms.

    Jamie and Charlie were great mentors - I made a ton of mistakes as an analyst, and they gave me more chances than I deserved. I missed them so much.

    Updated as of yesterday (1/25/23):

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    #74     Jan 26, 2023
    qwerty11 and spectastic like this.
  5. Updated as of yesterday (2/9/23):

    I may be completely wrong but started building short positions on blue chips and SP500 - let's see where it lands in a couple of months.

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    #75     Feb 9, 2023
  6. hilmy83

    hilmy83

    Whats your AUM now?
     
    #76     Feb 9, 2023
  7. Not a lot - about $1.2M
     
    #77     Feb 9, 2023
    hilmy83 likes this.
  8. spectastic

    spectastic

    can you share some high level details on your strategies?
     
    #78     Feb 9, 2023
  9. I wish I could tell you but it's difficult for me to explain. My strategy changes from time to time, and I always try to adapt and survive in new market conditions.

    In the end, I'm not a good trader - still, make tons of mistakes everyday.
     
    #79     Feb 9, 2023
    Nobert likes this.
  10. Updated as of last Friday (2/10/23):

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    #80     Feb 12, 2023