01/10/2012
JH BLAKE Capital Management
Weekend Report
01/08/2012
2011 REARVIEW
The numbers are in! 2011 was a great year. Up 98.50%!!!!
While we started the year off in the negative, we pushed through to complete our best year yet.
To recap 2011, our “Real Time Trade Alerts” (RTTA) program offered 95 new opening trade positions. We had 10 open trades from 2010 which were closed. We have 17 still open carrying into 2012.
Out of the 105 trades used in the calculations, 68 were winners vs. 20 losers with 17 remaining open.
Based on our Real Time Trade Alert (RTTA) portfolio’s value as of Jan 1, 2011 we started at $35,350 we now have $70,170 for an annualized rate of return for 2011 at 98.50%! (We manage other Privately Managed Investment Account’s {PMIA’s} which all had similar returns. We post the results of the Real Time Trade Alert {RTTA} account for the record).
Our benchmark is 20% per year. This year we blew past that and increased our return 5 times our benchmark.
Investing should be taken as a long term proposition. One year does not make a portfolio. At JH BLAKE we seek to consistently make returns so as to build wealth long term by compounding our returns.
Even though the benchmark S&P 500 stock index has ended 2011 unchanged, that flat performance was enough to beat shares of Warren Buffett's Berkshire Hathaway.
Berkshire Class A ended the year at $114,755 per share, a drop of 4.7 percent from its 2010 close.
Class B shares fell a little bit more, ending the year with a 4.8 percent decline.
Once again, JH BLAKE Capital beat the S & P 500 AND Berkshire Hathaway this year by a huge margin. In all fairness, it’s harder to manage billions of dollars than it is to manage lesser amounts.
We respect Mr. Buffet but are very pleased that our returns, once again, soared above the returns of the S & P 500, almost all Hedge funds and Mutual Funds and Mr. Buffet’s Berkshire Hathaway.
