Longtime Controlled Greed readers will recall that this blog started as a "stock picking" site, primarily inspired by the Barron's Roundtables. I stopped that last year, because tracking each stock pick over time became ungainly. And pretty meaningless. I wish Barron's did a better job at tracking the Roundtable's participants individual picks, even in just the most broad terms, but I could see why they don't after a year goes by.
Anyway, I've been horribly lax in describing how my portfolio has been performing (or not). I'll do better in the future. The fact is I've been consumed by non-blogging issues since last September and generally haven't blogged as much as I'd like.
Here's where the portfolio stands now:
DirecTV Group 9.3%
King Pharmaceuticals 6.8%
Cheung Kong ADRs 6.3%
Fairfax Financial 6.1%
Foot Locker 6.0%
Microsoft 5.7%
EGI Financial 5.7%
NipponKoa Insurance 5.5%
Liberty Media
(3 tracking stocks) 5.0%
BCE 4.8%
Superior Industries 4.7%
Capital Southwest 4.6%
3i Group 1.9%
Media General Under 1%
Cash is approximately 27%.
Some notes. These figures are non audited, just me and my calculator. So if I'm off a bit, sorry. NipponKoa is a "legacy holding" for me. I've held this position since 1998 when I bought Koa Fire & Marine, which later merged with Nippon Fire & Marine. As posted here previously, I've never listed this company in the "Current Holdings" menu because I reserved that space for companies upon launching this blog in 2005. I need to update that menu and will include NipponKoa going forward.
In the FWIW department, the portfolio stretches over three accounts: my regular brokerage account and two retirement accounts. Most of my liquid net worth is in the positions above. The "Controlled Greed portfolio" isn't some little portfolio on the side. It is real money. Unless I lose it all, that is. ;-)
nice portfolio. I see you share many companies in common with a few Value managers i follow.
EGI is about the only company i don't really know.
Your next post should be on your 'watchlist' and reasons your watching but not buying?
Posted by: Derek | June 04, 2009 at 01:36 PM
@Derek: EGI is a Canadian insurer trading in Toronto. I posted about buying it on May 19.
I don't post watchlists. Partly because I don't want to inadvertently throw anyone a head-fake. But mostly because I'm a tease and want my handful of readers to keep coming back. ;-)
Posted by: John | June 04, 2009 at 10:29 PM