My apologies that we were caught up with the exams lately and couldn’t find a chance to speak to each other or to update the blog. So, we decided to have a quick update on how some of our calls have been performing.
Interestingly, Kenny aka Mr X was spot on right before some market catalyst and his calls on ford and microsoft were outstanding. The red arrows on the graph above show the time period where he made the calls. I really wonder if he has some insider information. The idea of a bigger share of a smaller pie in the autos industry was great. The ground zero approach for microsoft revealed the strength of microsoft.
From the chart, both of the stocks outperform S&P500. Furthermore, both paulson and george soros were seen adding microsoft and ford respectively into their portfolio according to SEC fillings. It was amazing!
Dubai has been the issue of late but I don’t really think that it brings about any serious implication as of now. It maybe that the implications will only be seen in 2010, I don’t know. To me, as long as dollar keeps going down and there is a commodity rallying (gold), stock market will continue to climb.
All three of us will be meeting in singapore in mid december and we should have more fruitful discussions then. Thank you.
