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portefeuille (99.66)

final post

Recs

17

March 27, 2014 – Comments (38)

I have decided to no longer post anything that could be seen as a stock buy or sell recommendation. Please seriously consider selling any positions you are mostly holding because I somehow recommended it. No need to sell right away of course, I do not foresee any crash :)

38 Comments – Post Your Own

#1) On March 27, 2014 at 3:56 PM, awallejr (78.92) wrote:

Kind of curious as to why.

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#2) On March 27, 2014 at 4:52 PM, portefeuille (99.66) wrote:

#1 I just don't want to see anyone lose money following any of my explicit or implicit recommendations, so I ended my non-ETF calls in CAPS as well. As so far I have received very little negative feedback I can still assume that almost no one got hurt in the process :)

We will still post the zzporte transactions and positions on twitter. Just don't take them as any kind of advice, please. 

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#3) On March 27, 2014 at 5:08 PM, OptimizeLife (< 20) wrote:

I will surely be disappointed if you stop tweeting/posting on CAPs!

I think anybody who took any of your tweets/caps positions as advice was plain lazy and I don't think you or zz or anybody for that matter can be blamed for one's own actions. I hope you change your mind and don't stop tweeting - they not only foremost great to read (and learn) for investment students such as myself but also sometimes entertaining.

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#4) On March 27, 2014 at 5:10 PM, OptimizeLife (< 20) wrote:

Just now noticed that you  have already closed the CAPS positions :-( :-(

Pleease don't close them!

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#5) On March 27, 2014 at 5:12 PM, OptimizeLife (< 20) wrote:

Sorry  for the spam. I hit the 'Post' button couple of extra times when the page froze on me.

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#6) On March 27, 2014 at 6:40 PM, TSIF (99.96) wrote:

Porte, it sounds like it's too late to suggest to you that anyone who follows you without their own DD CANNOT blame you.  IF they aren't wearing thier big boy britches it's thier problem.

CAPS is for recommendations and dialogue.  Much of that is gone, but a few of us still try to keep it alive.  I know CAPS players duplicate my calls, some probably blindly and some may buy in real life, but I take no responsibility for them.  You cannot replicate someone on CAPS in real life, some of us average in, dollar cost, average out, sell in real life and leave our picks open because of the accuracy hit, are stubborn, go on vacations, etc.

IF we can't share ideas, we can't do what at least I came here for, to share ideas.  I especially value yours, but I'm a big boy and just use them for DD ideas.

TSIF 

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#7) On March 27, 2014 at 8:06 PM, portefeuille (99.66) wrote:

First of all the guy that lost money did not really blame me, I just happened to see his twitter post and inferred that maybe it had to do with me recommending the stock. He is a really nice guy and most certainly invests more money than I do, maybe more than zzporte does.

It is more about me. The effect of feedback I receive is quite "asymmetrical". Positive feedback has almost no effect on me, while negative feedback can be quite devastating. Somehow owing something to someone can make me feel bad for years, so I really want to avoid being even remotely responsible ("causal") for someone else's losses.

I also much prefer the idea of making people money to the opposite and there can be little doubt that my "recommendations" have had a net positive effect. Unless I was used as a contrarian indicator :)

So why not quit while being 10:0 in the lead :)

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#8) On March 27, 2014 at 8:09 PM, portefeuille (99.66) wrote:

And you will still have zzlangerhans pitches and the zzporte trades and portfolio to follow, so nothing really changes and everyone can be happy :)

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#9) On March 27, 2014 at 8:43 PM, TSIF (99.96) wrote:

I fully understand Porte,  I've bene there myself.  I made a strong recommendation to someone and the company fizzled. I, against their wishes, reimbursed what I thought they and lost and vowed to keep my mouth shut....I still feel bad.

But that was a specific recommendation to buy instance.  Trading ideas are not recommendations, although this is a public forum and people see our ratings and think we know something.

 A few people looking at something is much more powerful than going it alone, and the FEAR factor from the 2008-09 crash can make us (at least me) more hesitant.  Sharing ideas is what the community is all about along with a little gaming.  (DragonLZ style). :)

Again, I understand your concerns. I put my buy cost into a few pitches recently and shouldn't have.  The picks/pitches should be more generalized.

All the best, I do appreciate you and ZZ, you've added greatly to my education in several ways.  I do short you sometimes and I should short myself sometimes!!!  :)

TSIF 

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#10) On March 27, 2014 at 9:04 PM, biotechwatcher (< 20) wrote:

Porte,  you are one of the few great players on CAPS who doesn't red thumb companies just to increase one's point score. TSIF, TMFPencils, Sean Williams, ZZLangerhans are some others that I admire. We wouldn't mind you participating on/off on CAPS :-)

I registered with caps recently only to track picks from ppl such as you but wouldn't ever think of pointing fingers if something goes wrong.

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#11) On March 27, 2014 at 9:09 PM, TSIF (99.96) wrote:

(thanks for the callout biotechwatcher, good to knew a few new folks are tuning in, it's quiet here,  I do chase junk to call junk what it is (and to get points!). I also hit an ETF on occasion to monitor trends, etc, but you are right it's good to have some purists like Porte and ZZ, and some hybrids who try to contribute in a mixed up sort of way!).

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#12) On March 27, 2014 at 11:26 PM, awallejr (78.92) wrote:

Porte I give suggestions here plenty.  See here:

http://caps.fool.com/Blogs/put-sales-2014/904492

But that is why I come here.  I want other people's ideas.  I never ever blame anyone for their suggestions that I might follow.  

Your were on a roll with biotech.  Biotech is now correcting. This happens in the short run.  But LONG term is what I care about. I would like your DD.  But in the end it is MY decision what to buy or sell.

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#13) On March 28, 2014 at 12:32 AM, Option1307 (30.18) wrote:

Sad to see you go!

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#14) On March 28, 2014 at 12:50 AM, roofman6 (< 20) wrote:

Porte,

I just want to add my thanks. Our savings are up 55% in the last year thanks entirely to you. That 55% is after a disasterous decline of 15% in the last couple of weeks, an entirely understandable pullback.  Early in 2013 I went looking for CAPS players that played legitimately and when I found you, I looked no further. You had an honest verifiable track record. It screamed to be followed, and follow it I did. I only wish I had thought of this many years ago. 

Thanks again,

roofman6 

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#15) On March 28, 2014 at 9:26 AM, TSIF (99.96) wrote:

roofman6, I don't think you're helping.  :)

We need a bunch of posts that say NO ONE is using real money on your calls Porte...  :)   But you're entertaining!  :)

CAPS is a tough place to follow, it's meant for ideas, but it gives us "little guys" a chance to broaden our spectrum.  We just can't see far enough by ourselves to have a chance to even partially offset the power of the Institutional investors and experts who want our money.

 

 

 

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#16) On March 28, 2014 at 10:05 AM, t0bes (< 20) wrote:

Sad to see you go Porte but undertsand your reasons.  I hope you find some other public venue to share your thoughts.

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#17) On March 28, 2014 at 11:12 AM, roofman6 (< 20) wrote:

TSIF,

I've tried due dilligence and failed miserably. It wasn't a fair contest however. I was playing against teams of professionals. That's why I decided to find a specialist with a proven track record... someone who published his or her trades. If you follow Porte's Tweets, you will see that he and his friends don't discuss stocks or charts, they discuss possible biotech breakthroughs and the potential markets for these products. This collective interest produces awesome stock opportunities. The fact that Porte publishes his stock picks deserves and gets my sincere appreciation.

roofman6 

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#18) On March 29, 2014 at 11:48 PM, johnsonle9 (< 20) wrote:

I really wish you'd reconsider, I've been following you on caps for quite a while.

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#19) On March 30, 2014 at 6:53 PM, anchak (99.85) wrote:

Dear Hans (LOL! - Difficult to let go of our mutual long standing monicker -ie Dr VS) Send me an email once in a while to stay in touch if you want of course !

Sad to see this - but I guess it had to happen - the issue is CAPS is on a surefire path to extinction.....

I guess its basically just a handful of us left....

I started an index fund tracker with your picks - a day before you closed these - from the Twitter list.....I intend to analyze them using my methods - I'll try and share if something comes up.

I see you track the raw against IBB anyway - but I am hoping to glean a bit more - rather than the the total return comparison.

 

Best

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#20) On March 30, 2014 at 7:25 PM, portefeuille (99.66) wrote:

#19 Hi,

I think I will return to making recommendations once I am fairly convinced they are worth sharing. My top priority is the zzporte portfolio. If we add some cash (highly likely) and have a decent performance over the rest of the year (somewhat likely :)) we will start 2015 with around $3M in AUM, which is probably the lower bound for being a serious endeavour. If we manage to achieve a CAGR of 40% we will hit $100M in 2025 or so (obviously not all that likely, but doable). By then we would show up in a few "major holders" lists. But right now it is all about proving, mostly to ourselves, that we are good enough.

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#21) On March 31, 2014 at 12:07 AM, awallejr (78.92) wrote:

You guys really should sell puts.  Made me plenty over the years.

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#22) On March 31, 2014 at 12:42 AM, portefeuille (99.66) wrote:

#21 So we would give others the right to sell their failed stocks to us at not yet failed prices. I don't really like the concept ;)

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#23) On March 31, 2014 at 10:44 AM, johnsonle9 (< 20) wrote:

What are we seeing new stocks on the list if you are not posting?

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#24) On March 31, 2014 at 1:11 PM, portefeuille (99.66) wrote:

It's all posted on twitter.

https://twitter.com/search?q=%23zzporte&src=hash.

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#25) On March 31, 2014 at 4:06 PM, biotechwatcher (< 20) wrote:

Thanks for the green thumb on IPHYF! Yay!

 

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#26) On March 31, 2014 at 4:08 PM, biotechwatcher (< 20) wrote:

Thanks again for taking the time to green thumb the zzporte favorites !!

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#27) On April 01, 2014 at 1:23 AM, portefeuille (99.66) wrote:



enlarge

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#28) On April 01, 2014 at 12:35 PM, portefeuille (99.66) wrote:



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#29) On April 02, 2014 at 11:37 AM, portefeuille (99.66) wrote:



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#30) On April 04, 2014 at 3:13 PM, portefeuille (99.66) wrote:

I have made new calls in CAPS. Just don't take them as recommendations. 

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#31) On April 04, 2014 at 4:14 PM, TSIF (99.96) wrote:

Thanks Porte...bloody day...I suspected it wasn't over and still might not be, but I stuck some upthumbs here on CAPS as well.

Thanks for listing your new picks so that I know which ones to AVOID in REAL LIFE......  (he-he)...

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#32) On April 04, 2014 at 6:01 PM, portefeuille (99.66) wrote:

updated lists.

top40 #zzporte positions.



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gains/losses.



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performance.



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#33) On April 04, 2014 at 8:16 PM, awallejr (78.92) wrote:

Do you hedge your positions at all Port?

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#34) On April 04, 2014 at 8:26 PM, portefeuille (99.66) wrote:

No, no hedges. We will most likely add quite a bit of cash soon, though.

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#35) On April 08, 2014 at 1:19 PM, portefeuille (99.66) wrote:



enlarge

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#36) On April 09, 2014 at 3:32 PM, portefeuille (99.66) wrote:



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#37) On April 09, 2014 at 10:00 PM, TSIF (99.96) wrote:

Nice recovery today....looks like you're still down about $60K since April.

I'm not sure if this is a bounce or a retrace back up....I suspect a bounce and we could go lower.....I'll have some stops set if needed.

It would be fun if you could add a column for when you made your first fund purchase on each.  I know you often make multiples...just like to see when one first caught your attention...$$$wise.

All the best. 

 

 

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#38) On April 11, 2014 at 11:50 PM, portefeuille (99.66) wrote:

#37 #zzporte gains went from 0 (at start in Q1, 2013) to ≈ $150k (end of Q4) to ≈ $620k (peak) to ≈ $400k (end of Q1) to ≈ $238k (now).



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