I invested in Raven Industries a few years ago. They supply Google[x] with the balloons used for Project Loon. Essentially, I bought RAVN as a bet on Project Loon. So far it's been a pretty wild ride. I rode RAVN down 50%, but the stock has recently rebounded. We'll see how it all plays out.
Marijuana, sooooo many funds last year had a great year because they piled into it.
A huge land grab is going on right now, with alot of consolidation taking place. Everyone wants to be the main supplier when Costco and Wallmart come knocking looking for weed vendors.
Marijuana, sooooo many funds last year had a great year because they piled into it.
A huge land grab is going on right now, with alot of consolidation taking place. Everyone wants to be the main supplier when Costco and Wallmart come knocking looking for weed vendors.
Most recently UPS and LMT. For my homegrown quant strategy called Marmot I buy 25 stocks a year, 4% each. 2 stocks each month, 3 in January.
I have backtested returns of over 25% a year since 2001 so I'm confident I can beat the S&P over a 5 yr time horizon.
I would love to enter some sort of contest where I could compete against other amateur and pro investors. I would crush most of them in the long run. Know of anything?
Thank you. I have used Quantopian but they are geared more toward a day-trader type of mentality:
https://www.quantopian.com/allocation
'We are looking for algorithms that turn over their portfolio between 12 and 500 times per year (e.g between once per month and twice a day).'
I hold my stock picks for one year, so Quantopian definitely doesn't work for me.
Would you say your long holding period should make you less confident about beating the market long term? Even though you tested from 2001, the actual number of "samples" (end-to-end trades) is actually very low. Maybe that's why Quantopian wants algorithms with higher turnover.
Hi, I'm the founder of Q. You're right about the turnover, though it is a multi-faceted trade-off. While increasing the trading frequency accelerates the accumulation of data, it also increases drag from transaction costs and that tends to lower a strategy's capacity.
I don't have a great source link for you (forgot) but you only need a very small number of companies to roughly match a given index: 20-ish. I'm saying my 25 companies will handily beat the S&P 500 over the long run. I'm trading with real money in a public forum so time will tell.
ASX:FLN - feel this has good long term buy and forget potential. Seems to be well run. I like the boot strapping style more than debt funded world domination and figure out margin later. Plus maybe a short term win if someone decides to buy. A well funded US tech/PE could buy this brand name up up and have it as a side note.
ASX:GOLD - Feel this cycles cliff is approaching...but dont have the guts to go TIVX of something more aggressive.
19 comments
[ 3.4 ms ] story [ 72.7 ms ] threadhttp://finance.yahoo.com/news/energous-announces-availabilit...
Think it has potential to be huge. Think in 10 years it'll feel silly that we used to plug our phones into the wall every night to charge them.
A huge land grab is going on right now, with alot of consolidation taking place. Everyone wants to be the main supplier when Costco and Wallmart come knocking looking for weed vendors.
A huge land grab is going on right now, with alot of consolidation taking place. Everyone wants to be the main supplier when Costco and Wallmart come knocking looking for weed vendors.
I have backtested returns of over 25% a year since 2001 so I'm confident I can beat the S&P over a 5 yr time horizon.
I would love to enter some sort of contest where I could compete against other amateur and pro investors. I would crush most of them in the long run. Know of anything?
https://www.quantopian.com/allocation 'We are looking for algorithms that turn over their portfolio between 12 and 500 times per year (e.g between once per month and twice a day).'
I hold my stock picks for one year, so Quantopian definitely doesn't work for me.
Here is a post and video that talks about many of the criteria we use to evaluate algorithms: https://www.quantopian.com/posts/how-to-get-an-allocation-wr...
ASX:FLN - feel this has good long term buy and forget potential. Seems to be well run. I like the boot strapping style more than debt funded world domination and figure out margin later. Plus maybe a short term win if someone decides to buy. A well funded US tech/PE could buy this brand name up up and have it as a side note.
ASX:GOLD - Feel this cycles cliff is approaching...but dont have the guts to go TIVX of something more aggressive.