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post #8701 of 11190
Quote:
Originally Posted by MSchapiro View Post

Was the majority of my positions. Down about 80% on some investments and 60% on others (such as CHK).

I hope they're not sizable proportions of your overall portfolio.

--

You guys seeing this late spike in the markets? Crazy ass market.
post #8702 of 11190
#poorhouse icon_gu_b_slayer[1].gif
post #8703 of 11190
Quote:
Originally Posted by GreenFrog View Post

If you don't mind my asking, how much are you down on your oil positions?

I'm roughly -20% on AAPL 😁 / 😭

In the main portfolio;

COP -35%
RDSA -32%
CVX -13%
XOM -7%

So, enough to sort of wince every time I look, hahaha.
post #8704 of 11190

Hah I feel your pain SkinnyGoomba. I only have one oil position (FCX) and it's getting beaten down harder than any stock I've ever witnessed. I can normally handle volatility, but today's dive-bomb made me ill.

 

Is anyone else stuck with an FCX position, and if so, what do you recommend? Normally I feel fine about riding it out, but the price seems to be getting dangerously low (especially with the amount of debt they hold), and the commodities market doesn't appear to be improving anytime soon.

 

For the record, my cost basis is approximately $6.50 

post #8705 of 11190
Quote:
Originally Posted by GreenFrog View Post


I hope they're not sizable proportions of your overall portfolio.

--

You guys seeing this late spike in the markets? Crazy ass market.

My discretionary portfolio is about 25% of my overall portfolio. That 25% is down about 30% overall, since many of my picks, such as GE and GM have done well, I harvested some (bought and sold my TDW position twice for a 50% profit each time) and my mREITs have provided a positive return overall.

 

That said I don't have that much invested yet. I moved and furnished a new place so that ate up much of my cash reserve, so hopefully my future returns will be far better.

post #8706 of 11190

Ate some dirt this year after okay return last year.  :(

post #8707 of 11190
I'm thinking that pretty soon they will simply start giving oil away for free,and I'll make my losses back by driving around....a lot!
post #8708 of 11190
the liability-driven asset allocation.
post #8709 of 11190
alien.gif

but if you go by some analysts, it's time to panic and have a flash sale
http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists

i assume if you can afford to weather the storm it'll be good to hold on. larger firms will be fleecing folks and buying cheap on the dollar
post #8710 of 11190
OZM had a nice pop there. Not that I'm touching it.


So as I'm looking at my holdings here...

I've stuck holding the bag on TWTR, yes you can say told ya so. I'm at average cost of 25 and as soon as it's at 25-30 (if ever) I'm out and never looking back.

I'm stuck in MU and QCOMM, both of whom I assume will eventually recover but I'm down 25% and 15% respectively on these and have been buying down but man have they kept going down. Again, probably good long long holds but I just want out. As soon as I'm at break-even more or less I'm selling and moving on.

And then otherwise, I've got a few others which I think have huge potential upside but could totally flop too...
GLF, CPG, CHK, and CNX. So basically oil/gas/coal and errr transport. I'm pretty much done buying at this point since I'm already more committed than I'd like but will hold these for a few months since it's gonna take 6-12 months before oil finally bottoms and maybe starts a recovery. Ideally I'll make a bit on these one and probably sell them early just to move to safer ground. Currently at 25-30% losses on many of them.
Other than those, I have RDS.B and ideally would rather sell those 4 and add positions in CVX and XOM.

And then lastly are my newest buys which I'm more or less focusing on for the future becuase I think they're at very good prices now and while 'speculative', I still think they're good stable buys:
AAPL, FB, DIS, TSLA, and NFLX and will probably find 2-3 others to add to the pile eventually.



And overall, I've been buying stuff down and selling as they get little daily bumps here and there so I'm making a little bit by bit and my record has gotten better. That being said:
I have two regrets, stocks I had a LOT of and sold early and should have held and believed in, which are LULU and SCTY.
I have two major losers that cost me a lot, VRX and MNKD. Lost 2% and 3% of the overall portfolio on those two. Tried to double down to buy my way out but they never recovered and I had to just bite the bullet and get out. Really sucks.


And then in my other account, more long-term stable stuff I'm holding
ZPR.TO and CPD.TO - two CAD index funds which are getting hammered. Down like 15% on these. Just going to keep buying down and wait it out. Blame Canada!
And the rest is REITS more or less - LXP (more than I'd like), STAG, NLY, CLDT, and HHC.
post #8711 of 11190
Fucking SAP releasing numbers early...I thought I was going to be able to pitch this before earnings...oh well all time high here they come and will continue to go up as long as the market cooperates.
post #8712 of 11190
They do have a pretty good scam going.

Keep talking people into buying their systems...milk them for huge cost overruns...and then have them by the balls for life if they ever want to do something else in the future. And god forbid they ever merge/acquire someone/are acquired. Then you get to bill them for millions more making the systems work together.
post #8713 of 11190
When I had to actually learn to manipulate data sets for grad school back in the 90s it seemed there was only SAP and SAS. Has that changed?
post #8714 of 11190
Quote:
Originally Posted by Piobaire View Post

When I had to actually learn to manipulate data sets for grad school back in the 90s it seemed there was only SAP and SAS. Has that changed?

There are more now but sas is probably the most used for business analytics. R/Python to a smaller extent and some xl minor. I have to use minor for a marketing analytics class I start next week maybe solver too but that it.

Can't speak to Info systems master programs though.
post #8715 of 11190
Quote:
Originally Posted by Piobaire View Post

When I had to actually learn to manipulate data sets for grad school back in the 90s it seemed there was only SAP and SAS. Has that changed?

SAP? I think you must be thinking of something different. SAP makes enterprise software, customized to your needs--since you are in healthcare, I'd compare them to something like Epic Systems (maker of hospital/healthcare backend software) but for normal businesses. They will build your company a full enterprise IT solution that includes HR, Billing, Customer Management, logistics, etc. Oracle's enterprise business is probably their primary competitor (with products like PeopleSoft).

SAS is a stats package/programming language. They have some more integrated analytics solutions, but nothing like SAP does.
Perhaps you are thinking of Stata or SPSS (or S+) which have been around for a long time and would most definitely have been what you used in grad school. SPSS leans a little more toward the social sciences/survey data and might have been popular in your program.

Nowadays, SAS is still huge, but R is taking over in teaching academic settings (SAS costs $$$$$, R is free). Stata's still big, although I don't foresee them holding on unless they make some changes, especially in the "big data" future.
R is a cool project...but a shitty programming language. It can do a lot and has a great community, but as someone who is familiar with other languages, R always bothers me (though I can't claim to be an expert, I am primarily a SAS user).
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