| | | | | | | | | | | | | . | Timestamp | Epiphany Investing - Secular Trends Portfolio | | | | | | | | | | | . | | | | | | | | | | | | | . | | Objective: | | | | | | | | | | | . | | The Epiphany Investing Secular Trends Portfolio seeks to position itself as the optimal equity-based investment model for global secular trends. Equity analysis begins with an objective, permeating view of the future global economy, then attempts to "reverse engineer" the market landscape most likely to accomplish that result. | | | | | | | | | | | . | | | | | | | | | | | | | . | | To accomplish this mission while maintaining prudent risk tolerance, the following Thesis Parameters have been established: | | | | | | | | | | | . | | | | | | | | | | | | | . | | #1 - Respect - but do not be beholden to - Sector representation in broad market benchmarks. | | | | | | | | | | | . | | #2 - Arrive at each holding dually, via top-down and bottom-up analysis; both sets of thought must support thesis | | | | | | | | | | | . | | #3 - Hold a concentrated portfolio. Long-term goal is between 15 and 20 positions. We appreciate the magical ~30 number from a mathematical perspective, but would rather overweight the best than fill in gaps with stocks based on substandard theses. Many mid-cap and larger companies are naturally present in multiple industries or sectors, so there’s a lot of inherent diversification just by investing in some of the bigger names. | | | | | | | | | | | . | | | | | | | | | | | | | . | | | | | | | | | | | | | . | | #4 - Keep beta below 1 and turnover below 50%; frictional costs will be as Spartan as possible. | | | | | | | | | | | . | | | | | | | | | | | | | . | | Start Date: 09/12/2008 | | | | | | | | | | | . | | | | | | | | | | | | | . | | Positions | | | | | | | | | | | . | | | | | | | | | | | | | . | | Name | Symbol | Last price | Change | Shares | Cost basis | Mkt value | Total G/L | Day's G/L | Return | | . | | NVIDIA Corporation | NVDA | 15.31 | 1.32% | 4630 | $32,622.00 | $70,885.30 | $38,263.30 | $935.69 | 117.29% | |
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| | | | | | | | | | | | | . | | Peabody Energy Corporation | BTU | 34.48 | 3.14% | 879 | $40,063.45 | $30,307.92 | -$9,755.53 | $951.67 | -24.35% | | . | | Potash Corp. (USA) | POT | 91.6 | 2.39% | 825 | $90,365.00 | $75,570.00 | -$14,795.00 | $1,806.12 | -16.37% | | . | | Caterpillar Inc. | CAT | 47.02 | 1.97% | 1780 | $80,442.00 | $83,695.60 | $3,253.60 | $1,648.80 | 4.04% | | . | | Petroleo Brasileiro SA (ADR) | PBR | 42.7 | 2.01% | 546 | $13,868.40 | $23,314.20 | $9,445.80 | $468.62 | 68.11% | | . | | Amgen, Inc. | AMGN | 59.01 | 0.10% | 610 | $40,132.50 | $35,996.10 | -$4,136.40 | $36.00 | -10.31% | | . | | Corning Incorporated | GLW | 15.3 | -0.13% | 2570 | $39,527.00 | $39,321.00 | -$206.00 | -$51.12 | -0.52% | | . | | GFI Group Inc. | GFIG | 7.48 | 1.63% | 4270 | $20,008.60 | $31,939.60 | $11,931.00 | $520.62 | 59.63% | | . | | Goldman Sachs Group, Inc. | GS | 165.68 | 1.66% | 330 | $40,047.35 | $54,674.40 | $14,627.05 | $907.60 | 36.52% | | . | | Intl Business Machines Corp. | IBM | 116.75 | -0.60% | 440 | $49,163.20 | $51,370.00 | $2,206.80 | -$308.22 | 4.49% | | . | | Safeway Inc. | SWY | 19.68 | 0.72% | 1920 | $42,556.40 | $37,785.60 | -$4,770.80 | $272.06 | -11.21% | | . | | Costco Corp. | COST | 56.6 | 2.04% | 1235 | $72,557.90 | $69,901.00 | -$2,656.90 | $1,425.98 | -3.66% | | . | | Check Point Software Ltd. | CHKP | 27.54 | 0.18% | 1550 | $34,791.50 | $42,687.00 | $7,895.50 | $76.84 | 22.69% | | . | | St. Jude Medical | STJ | 38.76 | -1.62% | 1200 | $47,041.00 | $46,512.00 | -$529.00 | -$753.49 | -1.12% | | . | | Duke Energy Corp | DUK | 15.5 | -0.13% | 2200 | $36,856.00 | $34,100.00 | -$2,756.00 | -$44.33 | -7.48% | | . | | China Mobile LTD | CHL | 51.16 | 1.87% | 425 | $19,893.75 | $21,743.00 | $1,849.25 | $406.59 | 9.30% | | . | | Bristol Myers Squibb | BMY | 21.91 | -0.41% | 1500 | $29,170.00 | $32,865.00 | $3,695.00 | -$134.75 | 12.67% | | . | | Micron Technology | MU | 7.54 | 2.59% | 5000 | $26,550.00 | $37,700.00 | $11,150.00 | $976.43 | 42.00% | | . | | NYSE Euronext | NYX | 27.62 | 0.04% | 1000 | $23,755.00 | $27,620.00 | $3,865.00 | $11.05 | 16.27% | | . | | Electronic Arts | ERTS | 18.6 | 0.49% | 3000 | $51,230.00 | $55,800.00 | $4,570.00 | $273.42 | 8.92% | | . | | Noble Corp | NE | 36.3 | 2.34% | 1000 | $35,465.00 | $36,300.00 | $835.00 | $849.42 | 2.35% | |
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| | | | | | | | | | | | | . | | Seabridge Gold | SA | 30.1 | 0.00% | 1000 | $29,965.00 | $30,100.00 | $135.00 | $0.00 | 0.45% | | . | | Las Vegas Sands | LVS | 16.12 | 3.93% | 2200 | $29,153.00 | $35,464.00 | $6,311.00 | $1,393.74 | 21.65% | | . | | Beckman Coulter | BEC | 68.84 | -0.25% | 525 | $29,629.75 | $36,141.00 | $6,511.25 | -$90.35 | 21.98% | | . | | Alcoa Inc. | AA | 12.56 | 3.11% | 1900 | $39,494.00 | $23,864.00 | -$15,630.00 | $742.17 | -39.58% | | . | | CASH | | $76,057.51 | | | | $76,057.51 | | | | | . | | | | | | | $994,347.80 | $1,141,714.23 | $71,308.92 | $12,320.53 | 14.17% | |
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