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Colin Lea
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The author is Australian with a long term interest and personal stake in financial planning and management. He is a Registered Financial Adviser, is a member of the FPA Australia, and is a Certified Gold Seeking Alpha Contributor. Prior professional background of 20 years in military &... More
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  • Follow the Sun, Week One - My Sun Tzu Portfolio Wrap 0 comments
    Oct 21, 2011 9:12 PM | about stocks: ALK, BHP, C, CAT, GD, PCXCQ, PNC, WMT

    Well its been just on one week since I published my first article on the theory of investing using the principles of Sun Tzu, and so I thought I would add a summary of the portfolio wrap each week (or upon noticeable changes) so that readers can track the progress here. It will also provide us a benchmark to track back when we want to discuss investment decisions retrospectively.

    Portfolio Wrap, 21 October 2011

    Key Changes and Portfolio Progress

    Overall the portfolio has gained $3,052.20 representing an overall gain of 3.21% since the purchase of the stock. Unfortunately my biggest loser is my favorite blue chip, BHP - though I am in this for a long term position and I am not concerned by short term volatility. The biggest gainer is CAT, my other sentimental favorite, up by 7.03% since purchased. The stock is performing well at present at will soon test some of its upwards resistance levels.


    Overall I am happy with the portfolios performance, and with the exception of my 'speculate' on PCX, the others remain good long term plays. It will be interesting to see how the stocks perform next week noting movement in the Eurozone 'crisis', however I am taking a long term positional play and remain confident these stocks will perform above short term volatility. Noting I am still carrying $5,028 cash, this gives a closing balance of $103,052.19 for the portfolio.

    For those following the series, I plan on submitting an article to Seeking Alpha at the one month mark, which will follow Sun Tzu's second chapter - 'Waging War'. Keep following me on Seeking Alpha to see the subsequent articles and the regular portfolio updates.

    Stocks: ALK, BHP, C, CAT, GD, PCXCQ, PNC, WMT
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