SimonMarkFriis @SimonMarkFriis: "💲💲💲💲 ALWAYS STICK TO THE..."

Denmark

💲💲💲💲 ALWAYS STICK TO THE STRATEGY 💲💲💲💲 November update Dear copiers and followers, November turned out to be a very nice month, both for us and the market. We ended the month with a gain of about 6,2%. We ended up losing to all 3 major indexes and Russel 2000. When we compare our return for November to the major US indexes, we underperformed the market: NASDAQ: 10,67%, SP500 8,92%, DJI 8,77% and Russel 2000 8,77%. The primary benchmark is the S&P500 and Russel 2000 the secondary as we have a lot of smaller stocks in our portfolio. With that in mind, we didn’t do well as we underperformed the SP500 by 2,72% Russel 2000 by 2,57%. We are overweight oil stocks, and with oil going down, our portfolio suffered compared to the market. The good thing is that we still did well with a very nice gain. When we compare the YTD numbers we are during well compared to 3 of the 4 indexes, with NASDAQ still way ahead of us: NASDAQ: 45,78%, SP500 18,97%, DJI 8,46% and Russel 2,65%. At the same time, we are at 18,32%. While we are still way ahead of DOW and Russel, we are now par with S&P and way behind NASDAQ – lagging it about 27%. We do not buy fast growing tech stocks, as the strategy is based on value investing – buying good value at great prices. Therefore, when the NASDAQ has its best 1st half of the year ever, it is natural that we are behind the NASDAQ. However, with the huge loss in NASDAQ last year, we are still ahead as we are close to all time high and NASDAQ still has some work to do to reach that. Making steady profits is one of the characteristics of a good value strategy. While it certainly can be frustrating to see the value of the portfolio go practically nowhere as has been the case since February, we don’t allow it to affect our strategy. We simply stick to the same plan: changing up to 2 of our investments every month, unless we still like them – in that case we just keep holding them. No panicking, no losing faith in the strategy, whatever come, we will simply wait it out and get through. November: SP500: 8,92% DOW Jones: 8,77% NASDAQ: 10,67% Russel 2000: 8,77% SimonMarkFriis: 6,2% YTD: SP500: 18,97% DOW Jones: 8,46% NASDAQ: 45,78% Russel 2000: 2,65% SimonMarkFriis: 18,32% God bless Simon $SPX500 $DJ30 $NSDQ100 $RTY $PLAY (Dave & Busters Entertainment Inc) $ENI.MI (Eni Energy Company) $PBR (Petroleo Brasileiro SA Petrobras-ADR) $MRO (Marathon Oil Corp) $NDA $SPG (Simon Property Group Inc) $VNA.DE (Vonovia SE) $DVN (Devon Energy Corp) $TSN (Tyson Foods Inc) $UONE (Urban One Inc) $TX (Ternium SA-ADR) $STLD (Steel Dynamics Inc) $RITM (New Residential Investment Corp) $SCHW (Charles Schwab Corp) $BABA (Alibaba-ADR) $ET (Energy Transfer LP) $MMM (3M) $HPQ (Hewlett Packard) $MOS (Mosaic Co) $PAG (Penske Automotive Group Inc) $RDN (Radian Group Inc) $CLOV (Clover Health Investments Corp.) $TEVA (Teva Pharmaceutical Industries ADR)