Bogleheads 2015 Hedge Fund Contest
Re: Bogleheads 2015 Hedge Fund Contest
The shorts really ought to "freeze" things right now!
Pale Blue Dot
- Random Musings
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Re: Bogleheads 2015 Hedge Fund Contest
Yes, for some reason, certain longs and shorts are recorded at $0 today.4nursebee wrote:The shorts really ought to "freeze" things right now!
RM
I figure the odds be fifty-fifty I just might have something to say. FZ
Re: Bogleheads 2015 Hedge Fund Contest
Every now and again, the script doesn't pick up the current prices correctly, which we seem to be observing today. "Freezing" your options during a bug doesn't freeze it at the buggy price though.Random Musings wrote:Yes, for some reason, certain longs and shorts are recorded at $0 today.4nursebee wrote:The shorts really ought to "freeze" things right now!
RM
- Norbert Schlenker
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Re: Bogleheads 2015 Hedge Fund Contest
Having been notified, I've tried a few reruns. Usually one is enough to clear the bad quotes. Today, the zeroes just move around. Maybe it's a bad day at yahoo. Maybe yahoo has decided that anyone who downloads 250 quotes in quick succession deserves to get bum info. I'm not really sure at this point.
I'm also on the road and not well equipped nor connected, so this is not a trivial thing to fix at the moment. If I can get a good run, I'll replace the webpage. However, it may happen again tomorrow or the day after or every day for the next two weeks. You are hereby warned.
I'm also on the road and not well equipped nor connected, so this is not a trivial thing to fix at the moment. If I can get a good run, I'll replace the webpage. However, it may happen again tomorrow or the day after or every day for the next two weeks. You are hereby warned.
Nothing can protect people who want to buy the Brooklyn Bridge.
- Noobvestor
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Re: Bogleheads 2015 Hedge Fund Contest
Whoops, I read the deadline wrong ... oh well ... guess I'll compare my theoretical results at the end and seeLadyGeek wrote:Noob - I hope you realize the contest is closed to new entries. The deadline was last week.Noobvestor wrote:~~~ Noobaloney ~~~ A future of bright creative clouds...
"In the absence of clarity, diversification is the only logical strategy" -= Larry Swedroe
Re: Bogleheads 2015 Hedge Fund Contest
Noobvestor wrote:Whoops, I read the deadline wrong ... oh well ... guess I'll compare my theoretical results at the end and seeLadyGeek wrote:Noob - I hope you realize the contest is closed to new entries. The deadline was last week.Noobvestor wrote:~~~ Noobaloney ~~~ A future of bright creative clouds...
glad to know i'm not the only one that missed the deadline.
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Re: Bogleheads 2015 Hedge Fund Contest
Norbert Schlenker wrote:Okay, we're up and running with an all time high 66 entries. Please check your own portfolio and report any errors in this thread.
Disqualifications
protagonist - QCOR no longer exists
I just noticed this.
Too late to make amends? Or is my fund simply one stock short? It's fine if it is one stock short. I'm just guessing with other people's money anyway.
Re: Bogleheads 2015 Hedge Fund Contest
too bad RSH isn't on the russell 3000 -- had to switch it out for ANF at the last minute.
http://money.cnn.com/2015/01/14/news/co ... index.html
http://money.cnn.com/2015/01/14/news/co ... index.html
between scotch and nothing, i'll take scotch. -- faulkner
Re: Bogleheads 2015 Hedge Fund Contest
Hi Victoria.VictoriaF wrote:Fund name: Hedgefog and Hoax (HAH)
- Renamed the fund in response to linenfort's critique.
- The new and improved fund is in honor of Isaiah Berlin.
I loved the original name, too! I guess I was too concise. I meant to say, I had expected something clever from you and I was not disappointed. I simply didn't notice the initials until later, and I kept returning to your post -- it was either that or do chores -- until I saw what you did. Very cool.
Well, I like the Isaiah Berlin reference, too.
Re: Bogleheads 2015 Hedge Fund Contest
Hi linenfort,
For what it's worth, you and Isaiah helped me co-win the naming contest. If my hedge fund wins the performance contest, I will award to you 100 shares.
Cheers,
Victoria
For what it's worth, you and Isaiah helped me co-win the naming contest. If my hedge fund wins the performance contest, I will award to you 100 shares.
Cheers,
Victoria
Inventor of the Bogleheads Secret Handshake |
Winner of the 2015 Boglehead Contest. |
Every joke has a bit of a joke. ... The rest is the truth. (Marat F)
Re: Bogleheads 2015 Hedge Fund Contest
It really is clever. Almost like a purposeful Spoonerism.
Re: Bogleheads 2015 Hedge Fund Contest
It was purposeful! Using this as an opportunity to boast:linenfort wrote:It really is clever. Almost like a purposeful Spoonerism.
Earlier today, I made a member of the Russian State Duma laugh.
Victoria
Inventor of the Bogleheads Secret Handshake |
Winner of the 2015 Boglehead Contest. |
Every joke has a bit of a joke. ... The rest is the truth. (Marat F)
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Re: Bogleheads 2015 Hedge Fund Contest
Is that as difficult to do as one might imagine from the American media? https://www.youtube.com/watch?v=nvsbwZXa3-kVictoriaF wrote: Earlier today, I made a member of the Russian State Duma laugh.
Victoria
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Re: Bogleheads 2015 Hedge Fund Contest
The directors of "Age+10 in Expense Ratio" have elected to liquidate the position in NFLX. As of right now, that is a closing price of 444.36, for a 34.2% gain.
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Re: Bogleheads 2015 Hedge Fund Contest
The directors of MONTAGE Index Liberty Fund <MILF> need cash to fund our interest in a particularly hot prospect.
Please liquidate our long holding of Amazon.com AMZN
Closing price 374.28 +23.9%
Please liquidate our long holding of Amazon.com AMZN
Closing price 374.28 +23.9%
Last edited by Pizzasteve510 on Sun Feb 08, 2015 4:23 pm, edited 1 time in total.
Re: Bogleheads 2015 Hedge Fund Contest
time to buy AMAZON and NETFLIX!Pizzasteve510 wrote:The directors of MONTAGE Index Liberty Fund <MILF> need cash to fund our interest in a particularly hit prospect.
Please liquidate our long holding of Amazon.com AMZN
Closing price 374.28 +23.9%
RIP Mr. Bogle.
Re: Bogleheads 2015 Hedge Fund Contest
Cant liquidate on a Sunday based on Friday price.
So what are these liquidation rules?
Does that portion of the funds stay out of market for duration or get divided into remaining stocks?
I say let your winners run for the big money! In real world, I'd sell under performers and add to winners, I sure did in real life.
So what are these liquidation rules?
Does that portion of the funds stay out of market for duration or get divided into remaining stocks?
I say let your winners run for the big money! In real world, I'd sell under performers and add to winners, I sure did in real life.
Pale Blue Dot
Re: Bogleheads 2015 Hedge Fund Contest
Norbert's post on the first page explains the rules. Liquidation is during normal trading hours and it "freezes" that position at the closing price for that trading day.4nursebee wrote:Cant liquidate on a Sunday based on Friday price.
So what are these liquidation rules?
Does that portion of the funds stay out of market for duration or get divided into remaining stocks?
I say let your winners run for the big money! In real world, I'd sell under performers and add to winners, I sure did in real life.
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Re: Bogleheads 2015 Hedge Fund Contest
Removed. Withdrew from contest.
Last edited by Pizzasteve510 on Fri Feb 20, 2015 10:33 am, edited 1 time in total.
Re: Bogleheads 2015 Hedge Fund Contest
I don't think the intent is to post during trading hours. (I've never closed a position during trading hours.)
Why don't you stay in the contest and wait for Norbert Schlenker's panel of esteemed judges to provide clarification?Norbert Schlenker wrote:
- Pick a fancy name for your hedge fund. Show some creativity. A panel of esteemed judges will choose the best.
- No trades during the year, except that you can elect at any time during normal exchange business hours to "freeze" a price for any individual position at that day's closing price, i.e. liquidate that one position. Other than that, you're stuck with what you choose for the year.
- Norbert Schlenker
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Re: Bogleheads 2015 Hedge Fund Contest
Done at today's close: 443.07.MarginalCost wrote:liquidate the position in NFLX
Done at today's close: 370.56.Pizzasteve510 wrote:liquidate our long holding of Amazon.com AMZN
You could do a real trade in AMZN on Friday, while you were at work, but you couldn't post a virtual trade to Bogleheads, because you were at work???? You'd better be an employee of a broker/dealer.I actually sold AMZN for real on Friday as part of closing out my individual stock positions, but was at work ...
The're's a good reason for the contest rule on these freezes, where you get the closing price after you call the trade. Otherwise, the contest is open to past posting. The rule is the same for everyone. No one gets an advantage.
Scientific answer: Ginsberg's theorem, part 3.So if we can only post closing out a position during trading hours (and I work full time) please withdraw me from the event.
Musical answer: Don Henley 1977, final line.
Nothing can protect people who want to buy the Brooklyn Bridge.
Re: Bogleheads 2015 Hedge Fund Contest
I'm gonna guess you meant to put in "Hotel California" somewhere in there...Norbert Schlenker wrote: Scientific answer: Ginsberg's theorem, part 3.
Musical answer: Don Henley 1977, final line.
"Relax," said the night man, "We are programmed to receive
You can check out any time you like but you can never leave"
A man is rich in proportion to the number of things he can afford to let alone.
Re: Bogleheads 2015 Hedge Fund Contest
RIP Mr. Bogle.
Re: Bogleheads 2015 Hedge Fund Contest
Good job! I am just below the mean but still in the positive territory.grok87 wrote:4th place, within striking distance of 3rd.
http://libra-investments.com/hf/bh.html
i'll take it!
Victoria
Inventor of the Bogleheads Secret Handshake |
Winner of the 2015 Boglehead Contest. |
Every joke has a bit of a joke. ... The rest is the truth. (Marat F)
Re: Bogleheads 2015 Hedge Fund Contest
Looks like my Fizz Biz is chugging along. Should have invested some real $$$ in Dr Pepper Snapple.
Re: Bogleheads 2015 Hedge Fund Contest
Wow--this is unusual, I am beating the index! But then again, so are a number of others.
LOSER of the Boglehead Contest 2015 |
lang may yer lum reek
Re: Bogleheads 2015 Hedge Fund Contest
good job!VictoriaF wrote:Good job! I am just below the mean but still in the positive territory.grok87 wrote:4th place, within striking distance of 3rd.
http://libra-investments.com/hf/bh.html
i'll take it!
Victoria
RIP Mr. Bogle.
Re: Bogleheads 2015 Hedge Fund Contest
yay i'm in 3rd place!
congratulations 4nursebee
congratulations 4nursebee
RIP Mr. Bogle.
Re: Bogleheads 2015 Hedge Fund Contest
Hi Norbert,
Please liquidate my short "OCN" position. Hopefully it will keep me in the green till the end of the contest. I have modest goals. (My portfolio is at +5.7 for the moment if it helps you find me quicker.)
Thanks
Please liquidate my short "OCN" position. Hopefully it will keep me in the green till the end of the contest. I have modest goals. (My portfolio is at +5.7 for the moment if it helps you find me quicker.)
Thanks
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Re: Bogleheads 2015 Hedge Fund Contest
Did my fund not make it on the board this year? (sigh....)
Wonder what went wrong (SEC investigation notwithstanding....)
Wonder what went wrong (SEC investigation notwithstanding....)
- zaboomafoozarg
- Posts: 2431
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Re: Bogleheads 2015 Hedge Fund Contest
What happens when a company gets spun off/merged?
I had Alliant Techsystems (ATK), which got spun off into VSTO and OA. Now my ATK shows up as $0.00
I had Alliant Techsystems (ATK), which got spun off into VSTO and OA. Now my ATK shows up as $0.00
- Norbert Schlenker
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Re: Bogleheads 2015 Hedge Fund Contest
Done @ 9.73.JLJL wrote:Please liquidate my short "OCN" position.
viewtopic.php?p=2328097#p2328097protagonist wrote:Wonder what went wrong
Problematic for the simple minded software, which has only three slots long and three short. Pick one of the successor companies and I'll make an appropriate adjustment.zaboomafoozarg wrote:I had Alliant Techsystems (ATK), which got spun off into VSTO and OA.
Nothing can protect people who want to buy the Brooklyn Bridge.
Re: Bogleheads 2015 Hedge Fund Contest
Posted on Mon Feb 09, 2015:
Let it ride (but disqualified) or remove the entry?
Pizzasteve510 is still listed: Bogleheads 2015 Hedge Fund Contest :: Fund ListPizzasteve510 wrote:Removed. Withdrew from contest.
Let it ride (but disqualified) or remove the entry?
- zaboomafoozarg
- Posts: 2431
- Joined: Sun Jun 12, 2011 12:34 pm
Re: Bogleheads 2015 Hedge Fund Contest
I'll take OA, it's more related to the original core business. Thanks! And if it doesn't work, no big deal.Norbert Schlenker wrote:Problematic for the simple minded software, which has only three slots long and three short. Pick one of the successor companies and I'll make an appropriate adjustment.zaboomafoozarg wrote:I had Alliant Techsystems (ATK), which got spun off into VSTO and OA.
Re: Bogleheads 2015 Hedge Fund Contest
I'm curious how well participants real portfolios mirror the selections in the contest?
The biotech slide has hurt my virtual ego at number one.
The biotech slide has hurt my virtual ego at number one.
Pale Blue Dot
Re: Bogleheads 2015 Hedge Fund Contest
Thankful nowhere close! I'm currently in last place, having my play portfolio short the single lowest priced stock that qualified under the rules (at $0.21 at the time). It's up nearly 50%.4nursebee wrote:I'm curious how well participants real portfolios mirror the selections in the contest?
The biotech slide has hurt my virtual ego at number one.
Re: Bogleheads 2015 Hedge Fund Contest
My "Fizz Biz" is aparently matching VTI.
Re: Bogleheads 2015 Hedge Fund Contest
99% of my portfolio is in indexed and/or vanguard funds. i only have a couple of individual stock positions for "fun"-they've worked out ok but i don't know if they've beaten the market- probably not...4nursebee wrote:I'm curious how well participants real portfolios mirror the selections in the contest?
The biotech slide has hurt my virtual ego at number one.
RIP Mr. Bogle.
Re: Bogleheads 2015 Hedge Fund Contest
I don't hold individual stocks, so my real portfolio looks nothing like D Nile Brothers Inc.4nursebee wrote:I'm curious how well participants real portfolios mirror the selections in the contest?
The biotech slide has hurt my virtual ego at number one.
- stickman731
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Re: Bogleheads 2015 Hedge Fund Contest
I am similar to grok with 99% of my portfolio is index or vanguard funds. I have some "fun" monies in individual stocks and once it reaches a target I move excess into the VTSMX but I have a few position which are "free" so I let them ride. The stocks in the Hedge Fund Contest long stock are my watch list items that I may buy; but I never deal with the short stocks - they are essential my avoid list due to "issues".grok87 wrote:99% of my portfolio is in indexed and/or vanguard funds. i only have a couple of individual stock positions for "fun"-they've worked out ok but i don't know if they've beaten the market- probably not...4nursebee wrote:I'm curious how well participants real portfolios mirror the selections in the contest?
The biotech slide has hurt my virtual ego at number one.
As how I am doing I do not look at a true % but rather which home renovation projects they paid for: BUD = 2 bathrooms total redone, FB = Vinyl siding and new windows and doors, HON = inground pool.
Re: Bogleheads 2015 Hedge Fund Contest
It's the end of the first quarter. I'm running at a slight loss near the middle of the pack: Bogleheads 2015 Hedge Fund Contest :: Fund List
Here's the standings:
Here's the standings:
- Baysian Stochastic Fund from Fortuitous Financial (Randolph)
- Pocket Liner (Cayman) Ltd. (renter)
- Consternatio Partners (grok87)
- The Most Interesting Man In The World Hedge Fund (second-guesser)
- Comme d'habitude (4nursebee)
- Direct Holding Partners (BHCadet)
- Manager See Manager Do Fund (SP-diceman)
- One Gas Wonder Hedge Fund (FinancialDave)
- Bedrock Fund (fredflinstone)
- Planet of the ape's Dart Board fund (manuvns)
Re: Bogleheads 2015 Hedge Fund Contest
thanks for the update!LadyGeek wrote:It's the end of the first quarter. I'm running at a slight loss near the middle of the pack: Bogleheads 2015 Hedge Fund Contest :: Fund List
Here's the standings:
- Baysian Stochastic Fund from Fortuitous Financial (Randolph)
- Pocket Liner (Cayman)
- Consternatio Partners (grok87)
- The Most Interesting Man In The World Hedge Fund (second-guesser)
- Comme d'habitude (4nursebee)
- Direct Holding Partners (BHCadet)
- Manager See Manager Do Fund (SP-diceman)
- One Gas Wonder Hedge Fund (FinancialDave)
- Bedrock Fund (fredflinstone)
- Planet of the ape's Dart Board fund (manuvns)
RIP Mr. Bogle.
Re: Bogleheads 2015 Hedge Fund Contest
Ahem... PocketLiner (the #2) is from me, renter, not Cayman.
Re: Bogleheads 2015 Hedge Fund Contest
Oh no! CODE (Spansion Inc.) is showing as $0.00, causing a lot of red ink spatter in Trixter's holdings.
LOSER of the Boglehead Contest 2015 |
lang may yer lum reek
Re: Bogleheads 2015 Hedge Fund Contest
Thanks, I corrected the error.renter wrote:Ahem... PocketLiner (the #2) is from me, renter, not Cayman.
Looks like a software glitch, as Spansion Inc is alive and kicking.k66 wrote:Oh no! CODE (Spansion Inc.) is showing as $0.00, causing a lot of red ink spatter in Trixter's holdings.
Re: Bogleheads 2015 Hedge Fund Contest
How are stock splits handled? SBUX had a 2-for-1 split today, so now it looks like it has lost nearly 40% this year (which is obviously incorrect).
Not that it will likely matter much for my portfolio, as my short selections have killed me so far this year.
Not that it will likely matter much for my portfolio, as my short selections have killed me so far this year.
Re: Bogleheads 2015 Hedge Fund Contest
Bumped for a friendly reminder that this needs to be updated.hornet96 wrote:How are stock splits handled? SBUX had a 2-for-1 split today, so now it looks like it has lost nearly 40% this year (which is obviously incorrect).
Re: Bogleheads 2015 Hedge Fund Contest
hmmm...pretty close race in 2-4th place. I predict I'll end up 2nd, same as last year...
RIP Mr. Bogle.
Re: Bogleheads 2015 Hedge Fund Contest
Buehler? Ferris Buehler?.......hornet96 wrote:Bumped for a friendly reminder that this needs to be updated.hornet96 wrote:How are stock splits handled? SBUX had a 2-for-1 split today, so now it looks like it has lost nearly 40% this year (which is obviously incorrect).
I keep checking the page, hoping to see that I've returned to my rightful place in the middle of the pack.
- Norbert Schlenker
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- Location: The Dry Side of the Wet Coast
Re: Bogleheads 2015 Hedge Fund Contest
Apologies. I do have a watch set on this thread but never got an email re a followup.
Cost is now fixed in the data base. The update tomorrow should fix your return and ranking.
Cost is now fixed in the data base. The update tomorrow should fix your return and ranking.
Nothing can protect people who want to buy the Brooklyn Bridge.