Real Money Portfolio – Update 2/24

This thread tracks real trades in one of my portfolios. Refer to backgrounder for more info.

The Real Money Portfolio significantly outperformed the S&P 500 this week 3.3% vs. -0.3%.  Hopefully, all of the work over the past few months – getting positioned before the move is behind us.  Now our job is to sit back and enjoy the fruits of our labor.  That’s the theory anyway.  Let’s see what happens.

Remember our old friend Creusd.  I sold it on January 22 at $17.70.  It went on a tear gaining 15.5% this week.

Since selling it,  I have been in and out of it a couple a times in another account.  I repurchased it again on Wednesday.  So, fortunately I captured a little over 10% of this week’s move.  A few years ago when I sold a stock, especially for a loss, I would always miss its next move.  Once I sold a stock, I would be off searching for the next great idea.  Now, I “lock and load” on one or two broad ideas – like capitalizing on the industrialization of the emerging markets.  Then I place 20-30 stocks, in the focused area, on my watch list and ignore just about everything else. This focus improves my chances of capturing moves.

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 The Real Money Portfolio is up 7.2% vs S&P 500’s 2.3% year to date.  Here’s the latest log. 

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