Quest For Positive Relative Returns Graphs Updated
Laurie Frederiksen on
Hello everyone,
If your investment club is participating in the bivio Quest for Positive Relative Returns, you will find that your graphs have all been updated through December 1. There is a link on your club pages that will take you to them.
As you can see from the graph below, on average (red dots), the clubs participating have been just about keeping up with the return from the market for the past three trailing 12 month periods. The average line is also plotted on your graphs for comparison. The market has been doing pretty well. It is not easy to beat it. The black bars show you the range of club results so you can get some idea of where your club falls within the range.
If you're not participating yet and you'd like us to plot your club returns, just email us at support@bivio.com
-- Laurie Frederiksen Invest with your friends! www.bivio.com
Sorry to bother you with this again. Apparently there is still some missing data in the SEIIC data that prevents the chart from listing information beyond December 2010. Please take a look and let me know what is wrong. I have scanned the 2010 Transaction Ledger and do not see the problem.
Thanks for all you do for clubs.
Marty
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen Sent: Thursday, December 15, 2011 11:38 AM To: The Club Cafe Subject: [club_cafe] Quest For Positive Relative Returns Graphs Updated
Hello everyone,
If your investment club is participating in the bivio Quest for Positive Relative Returns, you will find that your graphs have all been updated through December 1. There is a link on your club pages that will take you to them.
As you can see from the graph below, on average (red dots), the clubs participating have been just about keeping up with the return from the market for the past three trailing 12 month periods. The average line is also plotted on your graphs for comparison. The market has been doing pretty well. It is not easy to beat it. The black bars show you the range of club results so you can get some idea of where your club falls within the range.
If you're not participating yet and you'd like us to plot your club returns, just email us at support@bivio.com
-- Laurie Frederiksen Invest with your friends! www.bivio.com
Sorry to bother you with this again. Apparently there is still some missing data in the SEIIC data that prevents the chart from listing information beyond December 2010. Please take a look and let me know what is wrong. I have scanned the 2010 Transaction Ledger and do not see the problem.
Thanks for all you do for clubs.
Marty
From:club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen Sent: Thursday, December 15, 2011 11:38 AM To: The Club Cafe Subject: [club_cafe] Quest For Positive Relative Returns Graphs Updated
Hello everyone,
If your investment club is participating in the bivio Quest for Positive Relative Returns, you will find that your graphs have all been updated through December 1. There is a link on your club pages that will take you to them.
As you can see from the graph below, on average (red dots), the clubs participating have been just about keeping up with the return from the market for the past three trailing 12 month periods. The average line is also plotted on your graphs for comparison. The market has been doing pretty well. It is not easy to beat it. The black bars show you the range of club results so you can get some idea of where your club falls within the range.
If you're not participating yet and you'd like us to plot your club returns, just email us at support@bivio.com
-- Laurie Frederiksen Invest with your friends! www.bivio.com
Something just dawned on me. I'm sure my club's results are so bad because we held onto STRA after its collapse. (Forget for the moment that we have a couple of other dogs, as well.) We did so with the expectation it would weather the storm and rebound. We knew it would look bad (below purchase price) for a while, but if it grew faster than most of our portfolio, it was worth keeping. If we had sold STRA, would our PRR look better even if we bought something growing slower (or even held cash)? Or, does the PRR look at the portfolio just within that 2-month reporting window?
Roy
Chastain
"Little by little, I am learning the art of being quite content with doing very little slowly."
Lionel Hardcastle in "As Time Goes By"
--- On Thu, 12/15/11, Laurie Frederiksen
<laurie@bivio.biz> wrote:
From: Laurie Frederiksen <laurie@bivio.biz> Subject: [club_cafe] Quest For Positive Relative Returns Graphs Updated To: "The Club Cafe" <club_cafe@bivio.com> Date: Thursday, December 15, 2011, 8:38 AM
Hello everyone,
If your investment club is participating in the bivio Quest for Positive Relative Returns, you will find that your graphs have all been updated through December 1. There is a link on your club pages that will take you to them.
As you can see from the graph below, on average (red dots), the clubs participating have been just about keeping up with the return from the market for the past three trailing 12 month periods. The average line is also plotted on your graphs for comparison. The market has been doing pretty well. It is not easy to beat it. The black bars show you the range of club results so you can get some idea of where your club falls within the range.
If you're not participating yet and you'd like us to plot your club returns, just email us at support@bivio.com
-- Laurie Frederiksen Invest with your friends! www.bivio.com
On Thu, Dec 15, 2011 at 6:30 PM, Roy Chastain <e4roy@yahoo.com> wrote:
Something just dawned on me. I'm sure my club's results are so bad because we held onto STRA after its collapse. (Forget for the moment that we have a couple of other dogs, as well.) We did so with the expectation it would weather the storm and rebound. We knew it would look bad (below purchase price) for a while, but if it grew faster than most of our portfolio, it was worth keeping. If we had sold STRA, would our PRR look better even if we bought something growing slower (or even held cash)? Or, does the PRR look at the portfolio just within that 2-month reporting window?
Dear Roy,
The QPRR graph is a picture of your history. Each data point represents a 12 month trailing time period. For any period in which the price of STRA was moving down, it would have had a negative impact on your overall your club IRR. For any period in which it was moving up, it would have a positive impact on your IRR.
If you had sold Strayer and held cash and it continued to go down after that, your IRR would have been better than if you had kept it. If you had invested in something that was growing faster than any income you received on your cash, it would have helped your IRR also.
If you think today, that Strayer will grow going forward faster than something else you could invest in, that is a good reason to keep it in your portfolio. . -- Laurie Frederiksen Invest with your friends! www.bivio.com
"Little by little, I am learning the art of being quite content with doing very little slowly."
Lionel Hardcastle in "As Time Goes By"
--- On Sat, 12/17/11, Laurie Frederiksen <laurie@bivio.biz> wrote:
From: Laurie Frederiksen <laurie@bivio.biz> Subject: Re: [club_cafe] Quest For Positive Relative Returns Graphs Updated To: club_cafe@bivio.com Date: Saturday, December 17, 2011, 7:55 AM
On Thu, Dec 15, 2011 at 6:30 PM, Roy Chastain <e4roy@yahoo.com> wrote:
Something just dawned on me. I'm sure my club's results are so bad because we held onto STRA after its collapse. (Forget for the moment that we have a couple of other dogs, as well.) We did so with the expectation it would weather the storm and rebound. We knew it would look bad (below purchase price) for a while, but if it grew faster than most of our portfolio, it was worth keeping. If we had sold STRA, would our PRR look better even if we bought something growing slower (or even held cash)? Or, does the PRR look at the portfolio just within that 2-month reporting window?
Dear Roy,
The QPRR graph is a picture of your history. Each data point represents a 12 month trailing time period. For any period in which the price of STRA was moving down, it would have had a negative impact on your overall your club IRR. For any period in which it was moving up, it would have a positive impact on your IRR.
If you had sold Strayer and held cash and it continued to go down after that, your IRR would have been better than if you had kept it. If you had invested in something that was growing faster than any income you received on your cash, it would have helped your IRR also.
If you think today, that Strayer will grow going forward faster than something else you could invest in, that is a good reason to keep it in your portfolio. . -- Laurie Frederiksen Invest with your friends! www.bivio.com