Tying Up Loose Ends Part 2: Site Updates, Portfolio Update, and Updates On Companies I Own
I have updated the site for the first time in months and today it is the portfolios turn. Over the weekend I updated the Translation Page/Traducción de página/صفحة ترجمة/翻译页面/Übersetzung Seite/翻訳ページ/번역 페이지, and the Recommended Value Investment Reading and Viewing with updated information and sites. I also combined, and then deleted, the Helpful Links page with the Recommended Value Investment Reading and Viewing page because a lot of the information was redundant.
For the time being the portfolio below is based on the portfolios that I manage. Earlier this year I liquidated my personal account to fund the start-up of me and my brothers business, pay off some bills, go on a trip for the first time in 10 years, and save money for me and my wife’s baby that is due in late October. I am going to start building the funds in my personal portfolio back up again as soon as possible
Cash – Approximately 40% of portfolio.
Calloway Nursery, CLWY – Approximately 19% of portfolio. I have a sell order pending for this company now due to it rising close to my estimate of its intrinsic value so the above chart could change if my sell orders are filled. Up 90% as of today since I bought them in March.
Brazil Fast Food Company, BOBS – Approximately 14% of portfolio. First article I wrote about them can be viewed here, second article can be viewed here. As of today up 109% since buying them in December.
Vivendi, VIVHY – Approximately 11% of porftolio. First article I wrote about them can be viewed here. As of today up 32% since buying into them in June of 2012. The following two links are recent updates about the company and its plans. Vivendi is still thinking about splitting the company further after the sale of Activision Blizzard goes through. The sale of Activision Blizzard has been put on hold by court in Delaware.
Paradise Inc, PARF – Approximately 10% of portfolio. First article I wrote about them can be viewed here, second article can be viewed here. As of today the position is about even since buying in March.
Core Molding Technologies, CMT – Approximately 5% of portfolio. First article I wrote about them can be viewed here. As of today up 27% since buying into them in August of 2012. The company has won multiple awards in recent months for being an excellent supplier and has also added significant additional business with Volvo.
As you can see from the portfolio above I have made some changes in the portfolio since my last update adding Calloway Nursery and selling Strattec and Main Street Capital. I sold Strattec up nearly 75% since buying into them in December because they rose very fast to the high-end of my estimated value for them. Will possibly buy back into them again if their price falls because I still think they are an excellent company. I sold Main Street Capital up 65% due to the liquidation of my personal portfolio, which is the only place I held it, due to the reasons listed above.