Investment Track Records
Equities & Options [Long-Only, Bottom-Up Approach]
Note for absolute return: 25 February 2015 was the first day that I put in money in my US brokerage account. The start of the tracking date for my absolute return as shown in the image above is the end of Q1 2015 – which is 31 March 2015 – for ease of tracking every quarter.
Absolute return simply means looking at the total capital invested in my US stock portfolio and comparing it with the current net asset value of the portfolio and looking at the return/loss comparing those two together.
Focusing on absolute return means that I need to protect capital first on the downside and still make money on the upside.
Capital preservation is key.
Note for annualized investment return relative to S&P 500: The image above shows the investment return performance if you have put your money in S&P 500 and my united states stock portfolio on 1 March 2015 and takes it out end Q4 2017.
25 February 2015 was the first day that I put in money in my US brokerage account. The start of the tracking date of my relative annualized investment return is seven days after I first put money in my US stock portfolio brokerage account – 1 March 2017. This is for ease of tracking as the S&P 500 total return tracking date starts at 1 March 2017 – and do not have 25 February 2017.
Subsequently, the additional deposits date – an important factor in calculating the annualized investment return – are considered in counting the XIRR.
The S&P 500 total return which is inclusive of capital gains and dividends is used as a benchmark to compare my results.
The above showed the return we will get if we put in X dollar in S&P 500 on 1 March 2015 and took it out end Q4 2017.
The reason why I did not calculate the strait times index return using the STI ETF as a proxy is that – even though initially I did – that the stocks I bought in the US stock portfolio are US stocks. Hence, the nature of the companies and the return would not be comparable.
Hence, I decided to compare my US stock portfolio return with the S&P 500 return – inclusive of capital gains and dividends.
Disclaimer: The figures here are an approximation based on my personal calculation at spot exchange rate at the time of the trade and may not be 100% accurate.
What some people say about me:
“Chris has the Value Investing gene in him. I have seen his Impressive Investment Analysis in action. I believe that All Value Investors Will Benefit by listening to his insights!” – Justin Tjoa, Co-founder and CEO of Algo Merchant Pte Ltd
“Great guy. Mature for his age and Good Insights. Would Recommend that People Subscribe to His Newsletter – useful!” – Kevin Lim, Associate Director – Portfolio, Strategy and Risk Group at Temasek Holdings
“I’ve been very impressed with Chris as someone who sets goals for himself and works hard to realize each of them. In particular, he’s impressed me with his knowledge of the finance world – particularly Value Investing and Options Selling – and I have found his Investing Newsletter to be Very Informative. He’s also a genuinely pleasant and gracious person – and very grounded – someone I enjoy talking with whenever the opportunity arises. I’m excited to see where life is going to take Chris – what opportunities will come his way – I believe his level of initiative is going to take him far.”- Tom Estad, Academic Director, SUTD-SMU Dual Degree Programme at Singapore Management University