However small, however inconsequential, however transient, an out performance of your portfolio vs the market is always a sweet spot to relish 🙂 Mi50 closed higher at +39.19% vs a falling market. The out-performance hit a new ATH at +23.26%.    

Mi50 closed at +39.14% vs 37.39% last week. The change in performance beat that of Nifty @0.6% and CNX500 @1.1%   The out-performance has been on a uptick since few weeks. The relative out-performance has closed at its highest weekly close at 22.06%   The three stocks that have moved out with exit price and … Continue reading Good week, 3 changes +39.14%

A short week saw Mi50 perform well with YTD close of Mi50 at +37.39% vs Nifty @+13.5% and CNX500 @+16% gains. Paper and chemicals were the big winners. The max draw-down during the week was -3.09% and Mi50 closed at its ATH weekly close. The strategy gained about a percent in the week while both … Continue reading weekly report: Mi50 up +37.39%

The week saw Mi50 loose three components. The gains in these trades were : GALLISPAT 14.22% KIRIINDUS 32.73% SAGCEM 1.39% The three added are 9/9/2016 JAYBARMARU 192.66 9/9/2016 SUBROS 134.95 9/9/2016 TORNTPHARM 1670.70 The stock Kiriindus was bought at 213 at end of Apr 2016. It went to a high of 405 and now it … Continue reading Mi50 +36.4% – 3 changes

Further to our study of mi50 performance since 2008 (https://weekendinvesting.wordpress.com/2016/09/05/an-eye-opening-exercise-looking-back-in-the-past/), lets see if adding capital in draw down years helped us. Say we had 200 Rupees on Jan 1 2008. We deployed 100 in mi50 and a 100 in fixed income. Case I : If we assume no taxes world, Rs 100 deployed in 2008 Jan would have … Continue reading A back of envelope calculation of dealing with draw-downs more effectively …

Hypothesis: Lets assume mi50 were started on 1 Jan 2008. By the end of CY 2008, it would have been down by about 24% with max DD at 24.9%. By end of CY 2009, mi50 would be around 1% net gain, covering all previous losses. By end of CY 2010, mi50 would be up 50% … Continue reading An eye opening exercise looking back in the past….

Marginal gains in Mi50 this week  while the large cap moved the nifty almost 3 percent. The mi50 portfolio ended at an absolute gain of 35.1% since Apr 1 2016. There were no changes in the mi50 but several stocks like 3mindia, Gallantispat, Dhampur sugar and Kiriinds came close to meeting their respective stops.  I … Continue reading Low gains , no change week

It has been about two decades since academics identified a "momentum effect" in stock markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing. At the core, momentum investing calls for investors to "Buy High, Sell Higher." … Continue reading A tested momentum strategy by zacks.com