Tuesday, July 8, 2014

IGValue portfolio: Jun 2014 lessons & review

No real trades in Jun 2014 as the markets seem to be very high. I am working on finding more moat companies.

Lessons this month

  • It is very hard to keep sitting around doing no trades while the markets rally and you under perform
  • It is very easy to keep kicking yourself for not putting on more size on the trade
  • Sizing is a confidence thing. Of the 3 stocks I have picked so far at the end of Jun one is up over 50%, the second over 40% and the third over 5%. I need to have more confidence in my own analysis and do better on sizing. That said if the markets had fallen off a cliff maybe I would have been saying another thing.
It is sad that I have only 12 moat list companies so far. 

I am continuing to look for value in common stocks and hope you enjoy reading the blog.