End of Year Bookkeeping
31-Dec-2012 21:02
As 2012 draws to a close in Hidden Gems-land I ran the performance numbers for the past year and posted the results on the HG Philosophy discussion board at HG Performance 2012.
HG was within a couple of percentage points of most of the indexes and had 6 stocks that gained over 100% for the year. There were also 3 stocks that lost more than 50% and a few more that were close.
Obviously making sweeping judgements about the newsletter in twelve month increments is not particularly wise as markets and stocks move for various reasons over the course of a year. To take a bit of a “step back” view I have been posting returns for Hidden Gems since its inception each year on its anniversary in June - except for this year. I ended up getting busy with work and then it just fell off the radar.
So I recently backtracked, ran the numbers for HG’s nine years and posted them at HG vs. Alternate Indexes - June 2012
Hopefully everyone has had a good holiday run and best wishes for a prosperous and Happy New Year.
HG was within a couple of percentage points of most of the indexes and had 6 stocks that gained over 100% for the year. There were also 3 stocks that lost more than 50% and a few more that were close.
Obviously making sweeping judgements about the newsletter in twelve month increments is not particularly wise as markets and stocks move for various reasons over the course of a year. To take a bit of a “step back” view I have been posting returns for Hidden Gems since its inception each year on its anniversary in June - except for this year. I ended up getting busy with work and then it just fell off the radar.
So I recently backtracked, ran the numbers for HG’s nine years and posted them at HG vs. Alternate Indexes - June 2012
Hopefully everyone has had a good holiday run and best wishes for a prosperous and Happy New Year.