Hello dear readers! Let me be the first to wish you a Happy New Year! Let's hope 2023 sees an end to the war in Ukraine, and the end to a bear market. I've started my latest round of portfolio updates and I wanted to bring up a couple issues with this Magic Portfolio Investing strategy. Over the Counter Stocks (OTC) As I sold Co-Diagnostics Inc (CODX) for a huge loss I … [Read more...] about Some Year End Thoughts
Value Investing
Portfolio Update 12/11/2022
Hello Dear Readers! It's time for the Holiday update of my "Magic" Formula Portfolio. This is the last update before I start another round of swapping my stocks for new ones later this month. Here it is: Since inception (coming up on six years ago) my portfolio has gained about 20.5% in value, while the SPY is up nearly 70% over the same period. And I'm not including … [Read more...] about Portfolio Update 12/11/2022
Portfolio Update 6/26/2022
Hello ladies and germs; it's time for another update of my Magic Portfolio performance. This update comes just after I replaced H&R Block (HRB), which I sold for nice profit, with Assertio Holdings (ASRT), chosen using my Random MF Stock Picker: The portfolio is losing more ground to the S&P 500 Index. My Portfolio's total return since inception over five years … [Read more...] about Portfolio Update 6/26/2022