Looking Back on 2010 Stock Selections

In 2010 we had the following stock selections:

  1. Canadian Imperial Bank (ADR)
  2. Alcoa Inc.
  3. Oracle Corporation
  4. LG Display Co Ltd. (ADR)
  5. Exelon Corporation
  6. CNOOC Limited (ADR)

A portfolio of these six stocks, including dividends, would have returned 1%.  If you exclude LG Display, which turned out to be a dog with almost a (40%) one year decline, the portfolio returned 9%.  Thankfully no one selected LG Display, which was hit hard by the commoditization of the display market.

If you had picked SPY, the ETF that mimics the S&P 500, you would have returned 15% including dividends over that same period (9/1/10 – 9/1/11).  You can see the spreadsheet here.

As Dan would say it, the “dartboard” beat me on the 2010 picks.  My stocks were 1/2 international which underperformed the S&P relative to that time period.  Not that it is an excuse, and we always are open about portfolios and performance so that scrutiny might improve performance.

Advertisements

One thought on “Looking Back on 2010 Stock Selections”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s