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toroandbruin's Public Page
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February 13, 2012
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top ranked funds managed by toroandbruin |
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Forum Topics created by toroandbruin |
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Current rank: Top Quartile  |
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Past ranks:    |
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manager profile
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| ABOUT
toroandbruin |
| Age:
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68 |
Occupation:
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Webmaster, Investor Relations |
| Other
Interests : |
camping, hiking, mysteries, science fiction, Jazzercise |
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| HOW
THE MANAGER INVESTS |
| WHAT
IS YOUR INVESTING STRATEGY? (GROWTH, VALUE, TECHNICAL ANALYSIS, ETC.) |
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answer --> |
FUND MMC: I am experimenting with investing in long-term/medium-term in promising microcap companies which will either grow or get bought out to the investor's benefit. These hopefully have new technology or products or be taking advantage of new technology to perform better in traditional roles. Selection criteria: 1. Product or service sounds OK; 2. Positive shareholder equity; 3. Positive current ratio; 4. Company current in its public reporting; 5. Stock preferably over $0.10, preferably over $1; one to two year stock price up or at least holding even. Although I prefer stocks under $10 this is not a prime consideration. 6. A price to book ratio less than 3.0. 7. Price to Sales under 5.00. As these financial criteria usually result in value stocks, rather than growth stocks, some companies are included if they do not meet all the criteria but have a competitive product and hopefully a good business plan. Why microcaps? Because A. they're fun to watch; and B. just to see if it can be done. I try to keep the group diversified as to sectors and styles; however it tends to be top-heavy in faster-growing sectors and in value style.
(FUND GGG: In April 07 I started a new fund made of foreign ETFs and some individual companies because global investing is the "in" thing, these days. I formed this fund simply by buying the leading ETFs I saw written up in articles. As it is made up mainly of ETFs, it will never be compliant with Marketocracy rules. I am using it more like an informational index than anything else.)
(FUND PJSLF1: This is a Strategy Lab Open Fund. However, as it is composed mostly of non-microcaps I'll probably keep it long term to balance my MagicMicroCaps fund.
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| HOW
DO YOU SELECT NEW COMPANIES FOR YOUR FUNDS? |
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answer --> |
Formerly I used Reuters' PowerScreener 3.0 to screen for the kind of companies I want (see criteria, above). Since Reuters discontinued that program I've been using a combination of other free screeners. Marketocracy's software will do transactions for only about half the resulting companies so that trims the group down. Then I look at the stock trends since Jan. 2002, especially the last 1 and 2 years. For Microcaps, 3 years ago is ancient history. I want to see an overall trend up. If a company's price has been flat forever or is gradually trending down, in spite of great figures, then it will probably continue this way in the forseeable future. Of course I also read the company profile to get a better idea of their viability. With approx. 50 companies, I am maxed out in terms of the number I can monitor without taking up a lot of time.
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| HOW
DO YOU DECIDE TO REMOVE A STOCK FROM YOUR FUNDS? |
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answer --> |
When a stock price doubles I sell half of it because Max Bowser says that's the thing to do. This happens especially in the yearly 1st quarter surge. (A Hulbert study shows that Microcaps' growth occurs mainly in Jan.) I have a few stocks which have risen to 250%, then 200% and generally sell approx. half at each point. When a company goes to the Pinks I sell it because Marketocracy is going to discontinue coverage. I sell a stock on the announcement of truly bad news. I maintain a portfolio list of them at Yahoo and scan their headlines every day. I do NOT sell when a company drops off my screening as long as the stock is going up or holding even or maybe a bit down at the moment. If the stock is down 30% I take a deeper look and probably sell. After a full year if a stock has not risen I try to figure out why and usually sell. If a microcap gets bought by a much larger company in an exchange of stock, will I continue to hold the larger company? It depends. One of my companies was sold but for cash (at a modest profit) and I bought more microcaps. Another was bought (merged) at a decent price and I sold feeling that the resulting company was no longer an undervalued bargain. Some have grown enough that they're no longer microcaps but I'm keeping them as long as they still look like a good deal.
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about this manager profile |
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This is a profile for
toroandbruin, a member at Marketocracy's website www.marketocracy.com. Each of the funds listed here began with $1 million in cash and a Net Asset Value (NAV) of $10 per share.
Marketocracy is the only financial website where you can simulate running your own mutual fund and accurately compare your investing skill to professionally managed mutual funds and other investors. At Marketocracy, you can manage a $1 million virtual portfolio and make trades in an environment that mirrors the trading activity of the real stock market. Our portfolio management tools help you discover your investing strengths and weaknesses and help you become a better investor. You can try different investment strategies and styles to see what works best for you in a virtual environment first, before you invest your real money. It's a great place to learn, and a great place to prove your talent.
If your track record turns out to be one of the best, you?ll receive special privileges on our website and the best of the best get paid. If you're serious about investing or want to become a better investor, you'll want to signup for a free basic membership and start running your own fund. |
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[ To signup for your own account click here ]
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Who is Marketocracy?
Marketocracy Data Services is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. The company?s affiliate, Marketocracy Capital Management, is the investment advisor for the Marketocracy family of mutual funds and uses the research generated by Marketocracy Data Services.
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