Portfolio

 



“The way to build superior long-term returns is through preservation of capital and home runs…When you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig.” – Stanley Druckenmiller (Quantum Fund, Duquesne Capital)

 

 

 

The 15th of December 2015 I picked 8 stocks I thought would outperform in 2016. In this report, I will go over my reasoning and publish the results. This portfolio is a simulation based on my recommendations voiced the 15th of December and posted on an online forum Beursig.com (dutch).

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The simulation uses an evenly division of capital over the 8 securities, with the portfolio being fully invested and starting in EUR. Transaction or holding costs nor dividends are being used in this exercise. It does, however, take into account currency swings.

3 stocks are bought in USD and two in INR (Indian Rupee), while the other 3 are simply in EUR. The US Dollar appreciated 3,91% over the course of 2016 versus the Euro. The Indian Rupee appreciated 1,59%. These gains are split out in the summary of each stock. The total return of this basket from 31/12/2015 until 31/12/2016 is 22,24%, of which 1,86% is currency appreciation.