Performance Update 2006
As most of you know, I received my chemo session today. It was especially tough this time. I am receiving few more drugs in addition to the six different chemicals in my regiment. As I type this (10:30 pm now) I am feeling very weak. Emotionally I am a little down as well (I just read that the average survival rate among patients receiving Irinotecan drug is about 10 months - you can google the word "irinotecan" if you want). There's few greater chellenges than being a final stage (stage 4) colon cancer patient.
The truth is that I am not fearful of dying. I consider myself to have had a wonderful life so far. If my life was cut short by this disease, I would miss it but I would not feel too cheated either. I was fortunate enough to have wonderful, loving parents as well as a brother and two sisters that I would give anything to. My beautiful wife and my son "Ace" is more than any man can wish for. God definately dealt me some good cards (too bad that I did not get such cards during my recent trip to the casino). I truly wish that the readers of my blog take some time to appreciate what they have now. Believe me, most of you should thank god every morning for what was dealt to you. BTW, if you do not believe in god, I suggest you pray anyway. Think of it as a Put Option on your portfolio without the premium. I've yet to hear someone being damaged by praying...
Now here is our YTD performance in 2006:
Index NAV (1/1) NAV (9/1) Performance %
SP500 1,248.29 1,311.01 +5.02 %
Nasdaq 2,205.32 2,193.16 -0.55 %
AceTrader 1,315.32 1,829.24 +39.07 %
As noted above, these numbers are as of last Friday (September 1st, 2006). We were close to being up +50% not too long ago, but some of our holdings gave back some recently. Not to worry. Even with those mishaps, our performance is in the top 1% of all professional money managers (mutual funds, hedge funds and institutions). And most importantly, this is not a hypothetical portfolio. We use real money! Our current holdings and our cost is listed below.
Stock Avg.Cost Price (9/1/06) Gain/Loss % Target
RICK $4.80 $6.41 +33.35% $10.10
EXPEZ $4.37 $6.75 +54.78% $9.60
IDWD $0.72 $1.34 +85.08% $2.75
UTK $14.35 $20.67 +44.04% $28.00
AUTO $1.09 $1.09 +0.00% $2.16
MATK $26.42 $29.76 +12.64% $38.00
BTYH $1.46 $0.70 -52.09% $2.80
MIDS $1.37 $1.60 +16.11% $2.40
IGLD $5.29 $5.31 +0.38% $9.00
NTE $14.97 $11.43 -23.65% $22.00
XMSR $11.20 $12.72 +13.57% $22.50
HLS - no value yet (special dividend from IDWD)
The stocks are listed by size of holdings. Another words, RICK is my largest holding in our portfolio.It is very important to be diversified in investing. Try your best to hold as many of these holdings as possible. So there it is.
The market is a bit extended. Do not chase the stocks yet. Wait for better entry point.
The truth is that I am not fearful of dying. I consider myself to have had a wonderful life so far. If my life was cut short by this disease, I would miss it but I would not feel too cheated either. I was fortunate enough to have wonderful, loving parents as well as a brother and two sisters that I would give anything to. My beautiful wife and my son "Ace" is more than any man can wish for. God definately dealt me some good cards (too bad that I did not get such cards during my recent trip to the casino). I truly wish that the readers of my blog take some time to appreciate what they have now. Believe me, most of you should thank god every morning for what was dealt to you. BTW, if you do not believe in god, I suggest you pray anyway. Think of it as a Put Option on your portfolio without the premium. I've yet to hear someone being damaged by praying...
Now here is our YTD performance in 2006:
Index NAV (1/1) NAV (9/1) Performance %
SP500 1,248.29 1,311.01 +5.02 %
Nasdaq 2,205.32 2,193.16 -0.55 %
AceTrader 1,315.32 1,829.24 +39.07 %
As noted above, these numbers are as of last Friday (September 1st, 2006). We were close to being up +50% not too long ago, but some of our holdings gave back some recently. Not to worry. Even with those mishaps, our performance is in the top 1% of all professional money managers (mutual funds, hedge funds and institutions). And most importantly, this is not a hypothetical portfolio. We use real money! Our current holdings and our cost is listed below.
Stock Avg.Cost Price (9/1/06) Gain/Loss % Target
RICK $4.80 $6.41 +33.35% $10.10
EXPEZ $4.37 $6.75 +54.78% $9.60
IDWD $0.72 $1.34 +85.08% $2.75
UTK $14.35 $20.67 +44.04% $28.00
AUTO $1.09 $1.09 +0.00% $2.16
MATK $26.42 $29.76 +12.64% $38.00
BTYH $1.46 $0.70 -52.09% $2.80
MIDS $1.37 $1.60 +16.11% $2.40
IGLD $5.29 $5.31 +0.38% $9.00
NTE $14.97 $11.43 -23.65% $22.00
XMSR $11.20 $12.72 +13.57% $22.50
HLS - no value yet (special dividend from IDWD)
The stocks are listed by size of holdings. Another words, RICK is my largest holding in our portfolio.It is very important to be diversified in investing. Try your best to hold as many of these holdings as possible. So there it is.
The market is a bit extended. Do not chase the stocks yet. Wait for better entry point.
posted by Jaewoo | 10:15 PM
4 Comments:
Jaewoo - I hope you are feeling better. I discovered this blog because of your investing tips, but i stayed for your ocassional short and thoughful views on life. I have to admit though, i have made a few $K's because of your blog too ;)
Keep strong, and you will be just fine. You're attitude and trust in God will get you through what you are going through.
-Joseph
Thanks Jo:
You can never have too much encouragement in my situation. Hope to someday sit with you for a cup of coffee ...
Have a great day.
One of the "gifts" I get from writing my blog is to know you and I am proud to have you as my friend.
You are one of a few individuals that I know of, trying to live life to the max.
Our prayers are always for you, and wish that brings some encourgement and hope to you - things you may not count on, but can't live without.
Siyu and Jenna
Jae,
This is John. We had several company sponsored "educational conferences" over the years. In truth, it was more about having fun rather than the seminars or whatever meetings we might have had. But each time, we had good company-always top performers amongst our peers and their family, good food, and up until last year, plenty of top self indulgement.
This year though, we began having our own private educational conferences and also had a great time.
Now that you built a strong following to this blog and continue do an amazing job, outpacing the market- and btw, from the very beginning, I was involved. "All fruit ripe?"
To this point, I would be remissed if we didn't have a proper "educational conference" and invited the regulars of this blog...say 4-5 months from now? What do you think?
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