2012 Recap of My Specific Stock Picks

From Blog
January 6, 2013 - 2:41pm

Since I believe the market is in an odd holding pattern, I wanted to update everyone on my picks going back to the end of 2011 and see how they performed in 2012.  The good and the bad.   First, for the bad: Towards the end of 2011, I thought the S&P 500 was too hot and I went from nearly 100% equities down to 55%. Wow, was I wrong or what?  The S&P 500 went from 1277 to 1426, an increase of 11.7% not including dividends.  So, just from that, I lost out on 5.26% just in terms of capital growth.  Was I worried about it?  No. Was it annoying?  Yes.  That was quite the rise for the fourth straight year of rises and an increase of 113% since the bottom of the 2009 crash at 667. Amazon: Last year, I shorted Amazon at $244.01 per share as well as $246.05 per share.  The end of 2012 saw Amazon at $257.31 per share, for a loss of between $11 a...

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