Jae Jun submits: Portfolio Performance Not an ideal start to the year. Down -5.74% compared to the market’s -2.74%. It was a tough second half of January where I gave up all the gains I had achieved in the beginning of the month.Complete Story »
Jae Jun submits: Track Record Since Inception Sept 2007 For the very first time, I’m making public my full performance since inception now that I’ve made the announcement to start managing money (company will be called OSV Capital) by the end of this year. Thus the importance of setting my records straight.
Wall Street Strategies submits:We are through the second month of the 2010, and in my mind, the biggest winner was General Motors (MTLQQ.PK). The company announced Tuesday morning a 1.3 million vehicle recall but that shouldn't spoil the party for a great month. GM also reported that sales this month improved, giving an 11.5% rise year over year.
Jae Jun submits: Time sure does fly. August ends with the Old School Value portfolio down -0.56% and down -14% for the year. The large cash position of 30% cushioned the fall in August, while the S&P dropped -4.5%. When including cash, the equivalent performance for the S&P500 is -3.12% at the end of August 31, 2010.