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Tag: Portfolio Update

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The Mispriced Markets Portfolio

Portfolio Update: Bought Medifast

Posted on September 7, 2019August 27, 2024 by mispriced markets

I’m hoping to turn weight loss into portfolio gains with this rapidly expanding multi-level marketing company.

The Mispriced Markets Portfolio

Portfolio Update: Bought Essential Energy Services

Posted on June 20, 2019August 27, 2024 by mispriced markets

After careful consideration, I bought back into Essential Energy Services after abandoning it only a few months earlier. The valuation was simply too low to ignore.

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The Mispriced Markets Portfolio

Portfolio Update: Bought Urban Outfitters

Posted on March 16, 2019August 27, 2024 by mispriced markets

This fashion retailer offers potential value as it continues to grow its online presence and expand its international footprint.

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The Mispriced Markets Portfolio

Portfolio Update: Bought Preformed Line Products

Posted on March 13, 2019August 27, 2024 by mispriced markets

A defensive stock at a reasonable price. This new addition to the mispriced markets portfolio could benefit from the need to upgrade our aging electricity transmission infrastructure.

Portfolio update
The Mispriced Markets Portfolio

Portfolio Update: Giving Up On Canadian Oil And Gas

Posted on February 4, 2019August 27, 2024 by mispriced markets

I have lost faith in a meaningful recovery in the western Canadian oil and gas sector. I have sold my Macro Enterprises and Essential Energy Services and with the money from these sales, have placed my bets on the current market rally losing steam by the end of the year.

The Mispriced Markets Portfolio

Portfolio Update: Questor Technology In Freefall

Posted on September 18, 2018August 27, 2024 by mispriced markets

Does a recent ballot initiative to restrict drilling in Colorado mean the party is over for Questor?

spinal cord
The Mispriced Markets Portfolio

Portfolio Update: Assure Holdings Is Back

Posted on September 12, 2018August 27, 2024 by mispriced markets

The company has been growing like gangbusters while it has been out of the public eye, but are insurers willing to foot the bill?

Big lots sign
The Mispriced Markets Portfolio

Portfolio Update: Bought Big Lots

Posted on May 11, 2018August 27, 2024 by mispriced markets

Why I think this company might have what it takes to survive the retail apocalypse.

Graph showing the price to peak earnings ratio of the S&P 500 from 1871 to 2017.
The Mispriced Markets Portfolio

Portfolio Review – January 2018

Posted on January 23, 2018August 27, 2024 by mispriced markets

Oil stocks, auto parts, overheated markets and opportunity. A look back at 2017 and a look forward into 2018.

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Letters From The Trenches

For 6 years, from the spring of 2018 to the fall of 2024, I blogged in real-time about every move I made in my own personal portfolio. This was a somewhat harrowing experience. It is not easy putting it all out there on the line for everyone to see. I had my share of missteps but fortunately, once the dust had settled, I enjoyed far more successes than I did failures. In the final accounting, my portfolio had tripled in size and I had outperformed the benchmark Russell 2000 index by 12% annually.

As you can see if you read through these posts, I did not hold back on the word count. My primary goal was to educate and inform. Theory is one thing but as Mike Tyson once said, "everyone has a plan until they get punched in the face." This applies very much to the world of investing. The market threw quite a few punches over these 6 years. The 2 years leading up to the covid pandemic were marked by a sluggish economy, the "retail apocalypse" and one of the worst relative showings for value investing on record. We then had the pandemic which threatened to sink us all back into a Great Depression. The market plunged by 40% over the course of a few weeks as investors radically adjusted their expectations downwards. But then governments around the world stepped in and launched a torrent of stimulus. Stock prices skyrocketed back up. Inflation surged higher. Some sectors boomed while others were left behind. War broke out in Ukraine. Oil prices fluctuated maniacally. The word "unprecedented" was thrown around an awful lot.

In retrospect, I couldn't have picked a better time to showcase all the real-world tribulations and triumphs that come from being a dedicated value investor. I hope that these posts will stand the test of time and will give new investors a valuable insight into how one person successfully managed a stock portfolio through the chaotic mess that is the real world.

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Disclaimer: I am a private investor with no official financial credentials whatsoever. Nothing on this site should be construed as advice to buy or sell securities. This is just me rambling on about my own personal experiences in the investing world. Hopefully someone out there will find something I say mildly interesting. There is a pretty good chance that I own shares in many of the securities I mention on this site. The markets are constantly evolving. A new piece of news could dramatically change the outlook on a stock the day after I post a report on it. So reader beware. The stock market is a dangerous place and you can lose a lot of money. Every investor’s situation is unique and you should consult with your own financial guru before making any investment decisions, including ones made after looking at this website. © Copyright 2018 – Mispriced Markets
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