Vad's Best Ideas

I remember the first time I ran across Marketocracy''s web site back in 2003... The concept of someone running a virtual portfolio fund with a potential to eventually being able to manage "real" money seemed so attractive that I spent all night doing my research and establishing my first fund. I picked 20 or so stocks and let go...

What I did not realize at that time was that I was changing the direction of my entire life. My involvement with Marketocracy became an obsession. I spent entire days/nights reading WSJ, Motley Fool, MSN, Yahoo and pretty much anything else I could easily get a hold of related to investing. I started to participate in various contests and after realizing that my success ratio was consistently high I changed my major from Management to Finance...

Now Finance IS my life- I consecutively passed all three CFA exams and spend most of my time valuing companies for living. So I guess while I am not a professional portfolio manager theoretically my background is well suited for money management. What's more breaking into the Investment Management is my ultimate goal and having a verifiable track record at Marketocracy helps to prove my skills...

Anyway, I have been very quiet last week and that was for a reason. Last week's problems with order filling have interrupted my logical flow and thus I decided to take a short break from active trading in SLO. I am still fully invested but this is not my dream portfolio in any way shape or form. My picks today are just a bunch of short term bets on some specific events...I doubt any of those will be huge winners- but I believe they will outperform cash in the next week or two...

LEND- Lone Star buyout story
FSIN- moving from OB to bigger stock exchange
NDAQ- saga with LSE sale
VVUS- news on a restructuring
DHIL- buyback impact
VPHM, IBN, GROW- oversold pull back

Once all the problems with M's trade fills are fixed I will get back to trying to get into a Top 1 spot again...
Cheers and trade safe,
Vad

Comments: View Comments |  Thursday August 30, 2007