In my fake portfolio, I'm currently long AAPL, CROX, CSCO, FCX, LMT, RIG and RIO.

 

I don't think I need to say much about AAPL (Apple)... It's a great company with a great CEO and great fundamentals. It's currently occupying about 17% (yes... huge... but I believe in it) of my portfolio.

 

CROX (Crocs)... bought this after the momentum-initiated tumble. It's a rather risky buy, which is why I underweighted it (8%) in my portfolio. It's currently generating rather impressive returns... 22% as of market close today. Its fundamentals are sound, but I'm not entirely sure if crocs will remain popular in the years to come. This is merely a short-middle term play.

 

CSCO (Cisco) is a long-term play. It has good fundamentals, and even though it took a slight hit recently and is currently at -6%, I have faith in this company.

 

FCX (Freeport Mcmoran) is a lesser-known company. A gold, silver and copper mining company, the primary reason I played this company is the market volatility. With so much market volatility, many people would naturally turn to commodities, especially gold. Why FCX though? Well... basically it just has more attractive multiples than its competitors. I bought it the day before it took a tumble, but it has more than compensated for that temporary loss.

 

LMT (Lockheed Martin) was just put into my portfolio to hedge the risks I was taking with some of the other companies. With an ultra low beta and my ability to get it at a good entry point, I put it in to generate almost risk-free returns. I currently have a 2% gain for free from it.

 

RIG (Transocean) is another huge play I made. Standing at 18% of my portfolio, I made this play because it had just secured a 15 billion dollar contract on the day I bought it. The very next day, it pledged to reinvest the money and started ripping. Just 2 days ago, it got hit because it wanted to sell debt but its debt was rated BBB+ or something. Nevertheless, it's still giving me a handsome 12% return (its rally today made that figure what it is).

 

RIO (Companhia Vale) is a Brazilian iron ore mining company. Another commodity play, I bought it just before the commodities crash (like FCX) but I do believe that once the market mood shifts, we will see massive gains on this stock (in fact, it is already on its way up... currently giving me a 4% gain). The world is seeing quadruple growth engines in Brazil, Russia, India and China, and RIO's geography makes it well-placed to take advantage of this.

Ultra long overdue update...

 

Anyway, I just went ice skating at Bryant Park with the Actuarial Society yesterday. Isn't it great how so many things here are free if you're in clubs? Haha...

 

My first time ice skating... And I've never even roller bladed before. I think I fell like 8 times, but at least at the end of it all I could actually go a couple of rounds without falling (hooray). Many thanks to the people who taught me (essentially everyone), but especially Angel and Gary heh.

 

Right now I'm just wondering where the photos from yesterday are...