Early 2013 Update of “2008/2009 Bottom Fishing” Portfolio

This post is an update of the previous post made in mid-2012.

Below is the latest portfolio as of 11th Jan 2013:

2013 market bottom

Cerebos (ticker: C20) has since been delisted at $6.60. The “buying” price was at $2.30. Returns on this company alone was 187%. Overall portfolio returns, with Cerebos included, was 301.66% instead of 312.54% as shown. As seen from the screenshot above, the overall percentage of profit is even higher than in mid-2012, which was at 204% then.

One obvious trend I have noticed over the past years as an investor is that whenever there is a correction in the stock market due to negative news, the market always bounces much higher than the previous peak almost immediately, to give higher much returns. Thus, the bottom line is always to stay invested and buy more on dips (caveat emptor: only if your company is fundamentally strong!).

Many have commented that my portfolio is doing very well and asked when I bought those stocks. Do note that the above portfolio is a hypothetical one and it is not my personal portfolio.I would be more than happy to trade this portfolio for my personal portfolio!

Happy fishing!

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2 thoughts on “Early 2013 Update of “2008/2009 Bottom Fishing” Portfolio

  1. Dear Invester

    You are a smart “king fisherman”. But the market is so high now, how to stick on to your lsit. If we are not a business collector like you in 2009 now do you recommemend us what type of fish to catch for 2013?
    Are you able to share your pick of 2013 like what you did for 2009?
    We are not asking you to feed us the fish, we have our own fishing rod but just liek to caopare and share the catch+>A way to financial freedom

    AL

    • Hi Andrew,

      Thanks for visiting my blog and for your comments.

      I have to say the valuations in the market is quite rich now. Honestly, I would not be able to find great businesses selling cheaply now for me to initiate any new positions.

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