Category Archives: Commentary

As noted, I began 2006 with a portfolio very different from that of the beginning of 2005.  I had 20% invested in Asian funds and about 60% in resources stocks, particularly metal mining companies and energy producers.  I also had … Continue reading →

If you recall, 2004 was a very volatile year for me, but things mostly worked out in the end. This was not the case in 2005. I began the year with over 90% of my (margined by 20%) portfolio still … Continue reading →

The April subprime mortgage originator meltdown halved the value of my portfolio, but my wealth was still near where it had been the previous September.  As summer came around, things began to recover and the shock began to wear off.  … Continue reading →

As has been related, on April Fool’s Day 2004 my net worth was at a high and almost twice the level of the previous September. Year to date I was up almost 40%, mostly on an overweight positions in subprime … Continue reading →

I was still in short mode in 2003, and in early February the market appeared headed down for what I expected to be its final dip. I managed to catch the lows, which is not really what you want to … Continue reading →

For the first ten months of 2002 I could do no wrong. I was heavily short Internet/technology and long MREITs. There were minor flare-ups in March, when tech rallied sharply for a few days, and July, when MREITs collapsed, but … Continue reading →

E-Trade and a position in Remedy, a CRM company, helped me regain some of what I had lost in AMZN.    Also helping was the fact that I was a Java consultant working in New York City and financial firms, flush … Continue reading →

I’ll talk a bit about my trading background over the next few entries. I’ve been investing since I was 14, but only trading heavily in the last 7 years. Before that I was mainly holding mutual and closed-end funds. I … Continue reading →