profit
April 16, 2011
– Comments (10)
an old post of mine.
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I
January 09, 2011
Why starting to "follow my calls" (or continuing to do so) might be a good idea.
My "virtual hedge fund" (see here) is currently in the green by around 63.5% since initiation on March 8, 2010. It has been pretty well diversified over that period. It does use some "leverage" but also some "hedging" making it not "overly risky" ...
Following my portfolio trades (see here) would have yielded "similar results" over the March 8, 2010 - January 7, 2011 period. With a similar "risk profile".
The best (performing) hedge funds (over "longer time periods") are "quant funds", and the best of those (1,2,3,4) is managed predominantly by PhDs in mathematics and theoretical physics (not sure how many of those are from Germany, hehe ...).
...
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I wonder what the "net profit" for readers of my posts and comments here has been so far. I think it is unlikely (p<0.1) that it has been less than $1 million and about equally unlikely that it has been above $10 million.
That "net profit" is the "net profit" that I have caused via this website. I think less than 10 persons have had a portefeuille caused net profit (PCNP), hehe ...
interval I (PCNP < -$10^4): ≈ 5 persons, sum ≈ -$2*10^5
interval II (-$10^4 ≤ PCNP < -$10^2): ≈ 20 persons, sum ≈ $2*10^4
interval III (-$10^2 ≤ PCNP < $10^2): ≈ 300 persons (hard to guess the number of those "minimally affected"), sum ≈ $1*10^4
interval IV ($10^2 ≤ PCNP < $10^4): ≈ 50 persons, sum ≈ $7*10^4
interval V ($10^4 ≤ PCNP) ≈ 15 persons, sum ≈ $1.5*10^6
-> total ≈ $1.4 million ≈ 1 million EUR.
yeay. (if this is "about right", hehe ...)