SWI Portfolio Performance Report
Portfolio up 215%
December 22, 2014
It has been a few exiting weeks with substantial losses in all markets and all industry segments, lead by the energy sector. Low gas prices are welcome news to anybody and should give a good boost to the general economy at some point in time, but the losses for energy stocks were substantial. Do they outweigh the benefits of lower gas prices? The last three days of last week made up for lots of the losses, but not entirely; lets see what the rest of the "tax-loss-selling" season brings.
While our total portfolio performance from inception went down slightly to "only 215%" up, we were still able to squeeze out an improvement of 6% in comparison to the last reporting date. As you know, our portfolio is focused on leading-edge and mostly early growth high-tech stocks (with the exception of good old Ford Motors) and we expect the new year to bring a renewed focus on this market sector and more gains to come during the first quarter of 2015 and beyond. Obviously it will be hard to beat our all time winner BAIDU with 5340%, but even if you can time a "tried and true" company at the bottom, you can generate a substantial ROI, i.e. Ford with 832%; but as always, it's all down to "promising" product and/or technology. Remember, we are in it for the long haul. Energy stocks will also see increases again, once short sellers realize that the risk in continuing shorting might be too high.