Author Topic: Your returns in 2016  (Read 32575 times)

shalab

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Your returns in 2016
« on: December 30, 2016, 05:45:24 PM »
Let us see how the board stacks up this year compared to last here


racemize

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Re: Your returns in 2016
« Reply #1 on: December 30, 2016, 08:50:54 PM »
Returns time.  Always pretty fun.  Finally have a good set of numbers compared to the last few years of underperformance.  Including historic returns and current size for moore.

Two sets of returns:

main portfolio (majority of net worth, 7 figures):
2016: 24%
since 2010: 20% annual vs 14% S&P

crazy concentrated/leveraged at times IRA (1/12th of net worth, 6 figures):
2016: 89%
since 2010: 32% annual vs 14% S&P
« Last Edit: December 30, 2016, 08:53:47 PM by racemize »

Jurgis

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Re: Your returns in 2016
« Reply #2 on: December 30, 2016, 09:27:10 PM »
So obviously nobody lost money this year, since the lowest option is <2%...  ???
"Before you can be rich, you must be poor." - Nef Anyo
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"American History X", "Milk", "The Insider", "Dirty Money", "LBJ"

cherzeca

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Re: Your returns in 2016
« Reply #3 on: December 30, 2016, 09:35:21 PM »
So obviously nobody lost money this year, since the lowest option is <2%...  ???

negative is <2%

i have a cash component. do i include that in my denominator?

Jurgis

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Re: Your returns in 2016
« Reply #4 on: December 30, 2016, 09:40:42 PM »
So obviously nobody lost money this year, since the lowest option is <2%...  ???

negative is <2%

Yeah, sure. So why not have an option <0%?

What's so magical about 2%? Risk free yield? Even if you held bonds for risk free yield, you would not get 2% in year since you're not holding 1 year bonds...
"Before you can be rich, you must be poor." - Nef Anyo
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"American History X", "Milk", "The Insider", "Dirty Money", "LBJ"

DTEJD1997

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Re: Your returns in 2016
« Reply #5 on: December 30, 2016, 09:46:36 PM »
Hey all:

Looks like I simply could not hit triple digits in my retirement account.  It was up about 95%.

Cash account, which is smaller, was up just over 40%.

As good as these returns were, they simply don't make up for last years losses.  They bring the accounts back quite a ways...but 2015 was simply the worst year I've ever had...

I lost more money in the market than I did working as an attorney!

Tim Eriksen

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Re: Your returns in 2016
« Reply #6 on: December 30, 2016, 09:53:13 PM »
So obviously nobody lost money this year, since the lowest option is <2%...  ???

negative is <2%

i have a cash component. do i include that in my denominator?

Absolutely yes.  Anything else is rather meaningless. 

frommi

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Re: Your returns in 2016
« Reply #7 on: December 31, 2016, 12:32:24 AM »
2%

currency +-0% (made money on USD, lost some on JPY)
longs +20%
shorts -18%

really fucked up on the short side, but made some mistakes on the long side, too.
On the long side i sold some things too early, like OKE, RGLD, BAC-WT or AHPI.
On the short side i really need to stick to my rules, 10% of the loss were because i started shorting in early March instead of the end of April and i was at -150% net short exposure at times. Next time i will just go to cash if i have the need to be out of the market outside my short-window and i will not go over -100% short exposure (which is scary enough when i think about it). I am now at +-0 on the short side after 3 years without a true bear-market, so no reason for me to give up shorting in the summer for now.

Maybe i am not that much wealthier than at the beginning of the year, but i learned a lot. (especially about international netnet investing, which i started in september this year)

kab60

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Re: Your returns in 2016
« Reply #8 on: December 31, 2016, 01:30:09 AM »
Just above 50% while having a large percentage in cash and adding money each month, so IRR would be higher. I pretty much market timed perfectly by coincidence (lots of cash in January) and bottom ticked a bunch of investments (HC2 WFC, IBKR and GNCMA late in the year, BCOR early on). I had no losers nor anything commodity related (except some WPT in a retirement account). I can't complain but I still made a bunch of mistakes and lucked out a couple of times (RELY) while missing a big windfall with DCI.

whiterose

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Re: Your returns in 2016
« Reply #9 on: December 31, 2016, 02:30:46 AM »
Quote
I lost more money in the market than I did working as an attorney!

how do you lose money working as an attorney?
;- )