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ContraryDude (23.98)

EnigmaDude's alter ego

Recs

13

October 14, 2010 – Comments (2) | RELATED TICKERS: AINV , RSO , PNNT

If you are not too broke to pay attention, hear this.  The market has entered a new bull phase.  This CAPS profile is living proof.  I started this profile in Sept. 2008 when the market was in free-fall.  My intention was to use this profile to help me identify when the market had recovered enough to indicate that we have entered a new bullish phase.  This player's score is almost at 90 and that is with only outperform calls, mostly in the financial sector and other high dividend, long-term investment picks with a few blue chip stocks (GE, F, INTC) thrown in for good measure.

This profile represents a totally different strategy for investing than my EnigmaDude player.  That profile is designed to capture swing trades, taking advantage of market timing and chasing smallcaps that could be multi-baggers.  This profile, on the other hand, is intended to help me identify good long-term investment candidates for my IRA.  So it looks at ETFs, BDCs, REITs, and other strong income generating equities and even a couple of bond funds.

I'm sure that all the bears on CAPS would love to tear apart this strategy but the proof is in the pudding (whatever that means!).  For the past 3 months or so in particular this player has been hot.  And in the past 2 years it has gone from an under 20 player to an all-star with 60%+ accuracy.

Not bad considering that many of the original picks were 1 or 2 star rated and even included Lehman and AIG at the beginning.  Of course, if all the bearish predictions come tru and the market crashes again this player will suffer.  Only time will tell.

2 Comments – Post Your Own

#1) On October 14, 2010 at 2:02 PM, lemoneater (84.83) wrote:

As long as you know who you are!

Thanks for sharing some of your investing philosophy.

My portifolio has stocks of all shapes, sizes, and colors. From microcap (ICAD) to largecap (PSO), from blue (MMM) to green (DUK) to pink (TSCDY.PK). It is a painting, but not a still life.

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#2) On October 14, 2010 at 5:03 PM, EnigmaDude (97.59) wrote:

Thanks lemoneater!  I decided that I did not want to mix my investing "styles" and I have tried to be careful about keeping my picks separate.  So if I come across a high-yielding mid-cap or large-cap stock I will add it to contraryDude's picks.  And those micro-caps like icad become part of EnigmaDude's portfolio.

I think this has also helped me to understand the market's trends at a macro level which would be harder to do with just one "player".

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