ABC-Zs TaxCharityTM-30sep16
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Transcript of ABC-Zs TaxCharityTM-30sep16
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Page 1 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
Risk PriceTM analysis of balance sheets allows us to discern a most useful partition from all the equities
in any market. These are ‘likeablesTM’ because they seem “undervalued1” in the market mind-sense.
The demand for them exceeds the supply at current prices. Investors prefer them and price them up. So
there is much to like.
As a group, 2 of 3 ‘likeablesTM’ equities we identify by Risk PriceTM tend to gain in stock price for
long periods. We understand why by proven theory2. We give proof also in open display in real time
markets. Because We Can. No one else can, so they do not. WE DO, Because We Can.
As open handed display of our methods in January 2011 we released the ABC’s portfolio comprised of
just newly identified equities on TSX and NYSE ‘likeablesTM’ market partition. Our ‘likeables’ are
revealed by their rise above Risk Price TM our metric that investors must know to defend their capital.
Our ‘likeables’ tendancy to hold value and gain is better than cash. Risk Averse, Capital Safety and
Liquidity in our method shows, in proven AlphaSmartTM high capital appreciation. Less risk more gain
sounds strange but truth to power3 there is no science in conventional fund portfolio methods.
Then we arbitrarily extended those ABCs to Z showing both ends of our AlphaSmartTM result. The
ABC-Z portfolios make our case even as these two substantively different markets have diverged in
their own pitch and yaws, often moved in different directions. Our ABC-Z sample portfolios are proof
we have shown in open display our theory and method works in real markets.
Fund managers are victims of their own gossip just playing dice 4 , with your money. The self
proclaimed ‘bright lights’ running hedge funds HFRI5 record only 0.0014% pa for the past four years.
For such underperformance they take fees supposed earned. Your risk is their ‘professional’ gain.
Conventional investment industry claims “expertise” but use untestable models,
conjectures claimed as viable theory. These Artful Dodgers just cull small
investors’ wallets to their use. All the fun, fees and profit is theirs, but next to
nothing for you6 are ever left, just their tease for fees, and perhaps a Mozarttaler
for your thanks. Their baseless swing from no-ooo to buy-eee wrecked havouc
on the ABC-Z portfolios but the capital is safe. StopLoss intended to protect
your capital did their job though most all equities rebounded, very sharply. We
reset the ABC-Zs as few are bought back for less, while still ‘likeables’ in a mild
sort of short selling. Most hit the stoploss and sprung far higher.
Some ‘dollar-per-word’ market gossips called the DJI to hit 20000, in 2014 autumn. Market mavens
are irrational gossips, for no reason calling the sky limitless, or market bottoms to fall. Balance sheets
tell the reality of valiant business ideas and how well they are doing in the real economy. Judging by
the ciphers in balance sheets is different than the latest cover flap story. But we wait for their skyfall to
quit and the contented mooing of reality to return to markets. Firms are ready, that is the real story.
There is much to be said for the quiet munching of the herd as real economies ease along on 1.2%.
"there is risk in what you do not or cannot know." Thomas Tooke, 1844
"for the value of money is also perishable." Jean-Baptiste Say , 1803
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Page 2 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
We offer accredited investors StockTakers 12% Bond7 at our risk, working our proven theory for their
steady return. Proof is shown in our proprietary list of ‘likeables’ helping small investors. ‘Likeables’
portfolio performance is proven. Because we can, we do. With proven ‘likeables’ we get
AlphaSmartTM gains.
The TaxCharityTM and BookBuilderTM portfolios take the challenge for the small investor to invest
savings under the limits of annual Tax shelter provisions. Our followers have done well, as NYSEs
have gained 14.10% since 31 December 2013. Those hedge fund mavens have just made 2.96%. The
prior 18 month trough, made by convention bound wealth mangers having no real direction, has shaken
off QE phantom expectations as patient growth had resumed. Trouble is the dollar-per-word crowd
never knows which end feeds the bull. ‘Heads down’ working, resolving debt of credit extended to
valiant business ideas, the market goes up. Even Europe’s unemployment is down, contented mooing
of heads feeding, it is time for real stocks growth, STXE gained 2.94% in Q2-3, despite ‘Brexit’.
We have seen the real behaviour of market investors to Risk Price TM driven ‘likeables’ is they like
them. Their desire evidences as demand exceeding supply driving ‘likeables’ prices up. We use that
tendency. We must rebuild from 2 years of baseless volatility from wealth managers and ‘dollar-per-
word’ market mavens gossip teasing the pitch into their game of coin tossers, with your cache.
We have more aggressive methods using collaring options for sharpening gains and limiting exit due to
unreasonable market mavens gambolling goats8 grazing on their client wallets. There is no science in
conventional fund portfolio methods9. Avoid those Artful Dodgers. We prove, because we can.
ABCs for TSX Firms 2011 ‘likeables’ portfolio
from 31 December 2011 Market
Price
Symbol SF (Risk Price)
Stop/Loss
See old posts for Buy-ins 01 December 2011 *100 shares each
Buy-ins *per 100 shares 29feb2016
Agnico-Eagle Mines Ltd. ($44.5 StopLoss 07mar16) AEM 32 61.0
Agrium Inc. ($108.9 StopLoss 14apr16) AGU 109 111.7
Allied Properties REIT ($37.1 StopLoss 06sep16) 37.10 AP.UN 31 35.4
Brookfield Asset Mngmnt Inc. ($42.9 StopLoss 11apr16) BAM.A 34 42.9
BCE Inc.( $57.6 StopLoss 03mar16) BCE 50 57.6
Progressive Waste Ltd. ($45.09 merge 01jun16 WCN.TO) BIN 30 0.0
Canadian Aptment Prop’s REIT ($30.3 StopLoss 11aug16) 30.30 CAR.UN 26 29.1
Cineplex Inc. ($49.0 StopLoss 13sep16) 49.00 CGX 40 49.0
Canadian Imperial Bank ($97.5 StopLoss 29jun16) CM 88 97.7
Emera Inc. ($45.6 StopLoss 28apr16) EMA.TO 36 44.9
Franco-Nevada Corp. ($76.3 StopLoss 04mar16) FNV 60 81.6
FirstService Corporation 61.02 FSV.TO 36 53.7
Fortis Inc. ($39.0 StopLoss 21apr16) FTS 35 39.7
CGI Group ($56.2 StopLoss 24jun16) GIB.A 50 58.1
Gildan Activewear Inc. ($36.1 StopLoss 24jun16) GIL 36 34.4
Domtar Corporation ($48.6 StopLoss 29apr16) UFS 44 45.8
Buy-ins *per 100 shares 31mar2016
Alimentat’n Couche-Tard Inc. ($53.5 StopLoss 25apr16) ATD.B 50 58.5
Cogeco Cable ($65.8 StopLoss 14apr16) CCA.TO 60 62.2
“
Page 3 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
West Fraser Timber Co. Ltd. ($44.7 StopLoss 11apr16) WFT 40 32.3
Buy-ins *100 shares 30apr16
Agrium Inc. 118.85 AGU 109 111.7
Brookfield Asset Mngmnt Inc. ($44.1 StopLoss 08jun16) BAM.A 34 42.9
Bank of Nova Scotia (The) ($62.0 StopLoss 05maY16) BNS 55 65.3
Cogeco Cable ($65.2 StopLoss 07jul16) CCA.TO 60 62.2
Canadian Utilities Ltd. ($37.6 StopLoss 31aug15) CU 33 34.4
Emera Inc. ($46.5 StopLoss 13sep15) 46.50 EMA.TO 36 44.9
Domtar Corporation ($65.2 StopLoss 24jun16) UFS 44 45.8
West Fraser Timber Co. Ltd. ($38.1 StopLoss 24jun16) WFT 40 32.3
Buy-ins *100 shares 31may16 32
Barrick Gold Corp. ($23.1 StopLoss 31aug15) ABX.TO 109 18.8
Chorus Aviation Inc. CHR-B.TO 31 0.0
Davis + Henderson Corporation 28.36 DH.TO 34 25.2
Buy-ins *100 shares 31jul16
Barrick Gold Corp. ($23.1 StopLoss 31aug15) ABX 8 18.8
Cogeco Cable 64.76 CCA.TO 60 62.2
Canadian Natural Resources Limited 41.94 CNQ.TO 30 38.2
Canadian Utilities Ltd. ($37.6 StopLoss 31aug15) CU 33 34.4
Dollarama Inc. 102.43 DOL.TO 70 92.2
Fortis Inc. 42.19 FTS 35 39.7
Toromont Industries Ltd. 39.14 TIH 26 36.0
TransCanada Corporation 62.31 TRP 43 57.3
WestJet Airlines Ltd. 22.92 WJA 16 19.3
Buy-ins *100 shares 31aug16
Barrick Gold Corporation 23.23 ABX 8 18.8
Barrick Gold Corporation 23.23 ABX 8 18.8
Canadian Apt Properties REIT ($30.3 StopLoss 08sep16) 30.30 CAR.UN 26 29.1
Canadian Utilities Limited 37.02 CU 33 34.4
Canadian Utilities Limited 37.02 CU 33 34.4
ABCs -TSX 2011 Portfolio Value 30 September
2016 (including dividends) / 31 December 2011 93840.30 / 41972.00 Gain 57.0
months 123.58%
IRR pa 18.46%
“
Page 4 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
The `Brexit` panic of fund managers was unusual causing their “Ì don`t know nothin’ ‘bout birth and
babies” wild assed dump reaction triggering stoploss markers. Our fundamentals of firms is
something meaningful and entirely new. Our fundamentals of firm’s worth allows us to know more
and discount market gossip.
Cumulatively ‘likeables’ is the difference giving us an average of 26% IRR by our using ‘collaring
options’ a result stoploss markers alone cannot provide. Even with stoploss markers to ensure capital
safety for the small investor the robust result shown here is 7 times better than hedge funds, and 16
times better than financial industry ‘products’ from the ‘Artful Dodgers’ those charming Certified
Financial Advisors, in suits and cars, you paid for. Do not give them your wallet.
Cash Forward * after 100 Shares 31mar16 Buy-ins 338.00
Net Cash * after 100 shares stoploss sales 16250.00
Current Cash 16558.00
Buy-ins *100 shares 30sep16
SF (Risk Price)
Stop/Loss
Canadian Natural Resources Limited 41.94 CNQ.TO 28 38.2
FirstService Corporation 61.02 FSV.TO 36 53.7
Gildan Activewear Inc. 36.64 GIL 36 34.4
Westshore Terminals Investment Corporation 23.85 WTE 12 18.4
Cash Forward * after 100 Shares 31dec15 Buy-ins 243.00
Cash Dividends earned 6810.32
Total Cash Available
7053.82
That is a lot of idle cash in your cache. You might consider
adding to your portfolio with some more from our alphabet
demonstration.
We defy all the conventional rules, because we can.
Because, we know those investment industry ‘industrial
strength’ delusions are useless conventions that are even
dangerous to your wealth.
Manitoba Telecom Services Inc. 37.70 MBT 27 33.9
Northland Power Inc. 24.44 NPI 15 22.0
Oh, and yes, these two have made 17.91% gain in the past 6
months. Add that to the O,P,Q found below.
ABCs -TSX 2011 Portfolio Value 30 September
2016 (including dividends) / 31 December 2011 93840.30 / 41972.00 Gain 57.0
months 123.58%
IRR pa 18.46%
“
Page 5 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
(Pending Need for Change or investing new Savings) Open Text Corporation 84.98 OTC.TO 60 76.5
Pembina Pipeline Corporation 39.98 PPL.TO 32 36.8
Quebecor Inc. 39.87 QBR-B.TO 25 37.1
This little bunch have been busy contentedly tending to their
business the past 6 months as the market marked them up
21.94%. Just enthusiasm, or 47.70% p.a. if the market
does not tire of them and their dividends.
Combined MNOPQ have gained 20.80% in 6 months,
bravo!! Any questions, any doubts?
ABC-Z 2013 TSX Portfolio * after 100 Shares Buy-
ins 22 December 2013 44403.00
44403.00
See old posts for Buy-ins 01 December 2013 *100 shares each
Buy-ins *per 100 shares 29feb16
Algonquin Power & Utilities Corp. 12.21 AQN 9 11.0
Canadian Aptment Prop’s REIT ($30.3 StopLoss 11aug16) 32.65 CAR.UN 26 28.9
Cogeco Cable ($65.6 StopLoss 14apr16) CCA.TO 60 65.2
Choice Properties REIT ($12.2 StopLoss 10mar16) CHP.UN 10 13.0
Celestica Inc. ($12.7 StopLoss 24jun16) 12.70 CLS 10 12.7
CGI Group ($56.2 StopLoss 24jun16) 56.20 GIB.A 50 56.2
Granite REIT ($36.5 StopLoss 08mar16) GRT.UN 34 37.2
Intertape Polymer Group Incorporated 21.07 ITP 15 18.1
Manitoba Telecom Srvcs Inc. ($31.9 StopLoss 15mar16) MBT 27 35.3
Power Corp. of Canada ($28.7 StopLoss 16may16) POW 28 28.1
Thomson Reuters Corp. ($53.2 StopLoss 13jun16) 53.20 TRI 48 53.2
Buy-ins *per 100 shares 31mar16
Agnico-Eagle Mines Ltd. 75.98 AEM 30 51.5
CAE Inc. ($14.5 StopLoss 08apr16) CAE:TO 13 15.7
Westshore Terminals Investment Corporation 19.02 WTE 12 13.7
Buy-ins *per 100 shares 30apr16
Cogeco Cable ($65.2 StopLoss 07jul16) 65.20 CCA.TO 60 65.2
Emera Inc. 48.68 EMA.TO 36 44.3
Great Canadian Gaming Corp 18.62 GC 14 15.6
Buy-ins *per 100 shares 30may16
Air Canada 8.99 AC.TO 8 7.9
Cott Corporation ($17.4 StopLoss 27jun16) 17.40 BCB.TO 8 17.4
Buy-ins *per 100 shares 31jul16
Bank of Nova Scotia (The) 66.31 BNS 55 62.7
CAE Inc. 17.42 CAE:TO 13 16.5
Cogeco Cable 64.26 CCA.TO 60 60.8
Choice Properties REIT 14.40 CHP.UN 10 13.5
Fortis Inc. ($40.9 $topLoss 09sep16) 43.25 FTS 35 40.9
Vermilion Energy Inc. 43.50 VET.TO 40 38.8
Buy-ins *per 100 shares 31aug16
“
Page 6 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
Canadian Apt Properties REIT ($30.3 StopLoss 08sep16) 30.30 CAR.UN 10 13.0
AB-Z 2013 TSX Portfolio 30 September 2016
(including dividends) / 22 December 2013
50107.40
/ 44403.00
Gain 33.0
months 16.36%
IRR pa 5.66%
This result may still seem small beer to many, to us in particular. Consider, though the past 25 months
the TSX is still down -1.57% from 01sep2014. These ‘likeables’ have doubled the TSX gain since
portfolio inception 31dec2013. This portfolio using stoploss passive regime has proven stunningly
better result for the small investor, passively better than any ETFs, GICs, 401Ks, RRSPs, hedge
funds10, bond or product the financial industry offers. Capital safety provided by stoploss markers
is by design. The portfolio always remains liquid for you the small investor needing access to use
their own wealth to help themselves or dear ones when genuine need arises.
We know pursuit of framing options to collar exit or holds guided by Risk Price is more lucrative, but
passive stoploss is manageable for the small investor with their attention on saving from earnings
made in their usual way they know best. Risk Price ‘likeables’ make your savings into wealth or
added income when needed, always liquid to help you.
The stage was signalled by the herd gently mooing. Accordingly we say ‘manage’ the portfolio by
loosened stoploss for better gains capture as the sky has not fallen as mavens touted and gossiped. In
a mixed month with sudden shift from summer boating managers returned to “reset” a routine churn
for their taking profits chopping the market almost a 0.59% drop on the last day upsetting our
‘likeables’ nicely mooing for the month on TSX. But, 2013 portfolio 3.37% gain in the month is nice.
The older 2011 list held its stride solidly holding its ‘likeables’ double digit gains per annum ratio
our method tends to. That is proof in the longer term with its 57 month run, ‘likeables’ work.
Cash Forward * after 100 Shares 30apr16 Buy-ins 181.00
Net Cash * after 100 shares stoploss 7120.00
Current Cash 7301.00
Buy-ins *per 100 shares 30sep16
Domtar Corporation 48.69 UFS 44 45.8
Westshore Terminals Investment Corporation 23.85 WTE 12 18.4
Cash Forward * after 100 Shares 29feb16 Buy-ins 47.00
Cash Dividends earned 1619.65
Total Cash Available
1666.65
AB-Z 2013 TSX Portfolio 30 September 2016
(including dividends) / 22 December 2013
50107.40
/ 44403.00
Gain 33.0
months 16.36%
IRR pa 5.66%
“
Page 7 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
Engage in “likeables” to save your own bacon.
Do not expect perfect of Risk Price. High tendency for gain is not the same as pin-the-point on the
mule as most claim. Motley brayers talk only of their survivor bias winners. Let others chase gamblers’
risk/reward model that does not work. Their ‘house’ always win, fees you donated them. Risk Price
works. Even when the last 2 years have been volatile and negative, you held for gain in your cache.
Proven behaviour of market investors to ‘likeables’ is that they like them. This is why 2 of 3 tend to
long term gains in stock price once they trade above the Risk Price. Our ‘likeables’ are better behaved.
It is best you have eight or more ‘likeables’ in your portfolio at any time to enjoy their ‘behavioural’
tendency, as these larger portfolios show when compared to the smaller portfolios we charitably aim to
help small investors. Small portfolios can be erratic outliers, larger distribution tends to ‘behave’ better.
In our demonstrations we show what we can do, simply with just passive stoploss. We prove, in these
open tests our work and theory it is based in. Accredited investors need our help with the StockTakers
12% Bond11, because we can. We can share our Risk Price driven proprietary data, to help small
investors, to show we can obtain our AlphaSmartTM gains. Pay-forward our charity by designating a
normal ‘2 & 20’ fee portion to social charity. Good works deserve12 your help.
ABCs for NYSE Firms 31 December 2011 Market
Price
Symbol SF (Risk Price)
Stop/Loss
(See prior posts for early trading history)
Buy-ins *100 shares 29feb16
AmerisourceBergen Corp. ($76.6 StopLoss 06may16) ABC:US 63 77.4
Automatic Data Processing Inc. 89.81 ADP:US 77 82.5
American Tower Corp. ($108.4 StopLoss 13sep16) 113.38 AMT 89 108.4
Brown-Forman CL B ($93.5 StopLoss 22apr16) BF.B:US 85 93.7
Bemis Co Inc. ($47.3 StopLoss 19may16) BMS:US 40 47.8
BristolMyers Squibb Co. ($69.4 N* StopLoss 05aug16) 69.40 BMY:US 60 69.4
Cavium Inc. ($54.5 StopLoss 19apr16) CAVM:US 40 37.3
CME Group Inc. ($92.0 StopLoss 07apr16) CME:US 59 97.6
Citrix Systems Inc. ($78.6 StopLoss 27jun16) CTXS:US 70 82.6
Quest Diagnostics Inc 82.82 DGX 63 80.1
Ecolab Inc 123.05 ECL:US 103 113.0
United Continental Holdings ($54.4 StopLoss 07apr16) UAL 50 41.3
WPP plc ($112.4 StopLoss 10jun16) WPPGY:US 68 106.0
Xcel Energy Inc. ($39.7 StopLoss 21apr16) XEL:US 30 41.2
Zimmer Biomet Holdings Inc. ($96.8 StopLoss 03feb16) ZBH:US 71 110.9
Buy-ins *100 shares 31mar16
WABCO Holdings Inc. ($100.9 StopLoss 19may16) WBC 67 90.2
Zoetis Incorporated 51.10 ZTS 35 47.7
Buy-ins *100 shares 30apr16
American Electric Power Co. ($64.9 StopLoss 26aug16) 64.90 AEP 53 64.9
AFLAC Inc 74.18 AFL:US 58 67.7
Cavium Inc. ($42.7 StopLoss 16jun16) CAVM:US 40 37.3
“
Page 8 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
CME Group Inc. ($93.8 StopLoss 16jun16) CME:US 59 97.6
United Continental Holdings 50.41 UAL 50 41.3
Verisk Analytics Inc. ($76.1 StopLoss 28jun16) VRSK 70 80.6
Buy-ins *100 shares 31may16
Caterpillar Inc 81.95 CAT 63 76.7
Dollar Tree Inc. ($88.4 StopLoss 25aug16) 82.70 DLTR 65 88.4
Equity Residential ($65.2 StopLoss 03jun16) EQR 61 63.7
Buy-ins *100 shares 31jul16
Bemis Co Inc 52.6 BMS:US 40 47.8
Celgene Corp. 106.74 CELG:US 102 102.0
Dollar General Corp. ($87.0 StopLoss 25aug16) 87.00 DG:US 57 87.0
Vantive Incorporated 53.74 VNTV 30 50.3
WPP plc 115.87 WPPGY:US 68 106.0
Xcel Energy Inc. ($41.2 StopLoss 30aug16) 41.36 XEL:US 30 41.2
Buy-ins *100 shares 31aug16
American Electric Power Company 64.21 AEP 53 59.7
Dollar General Corporation 69.99 DG:US 57 63.0
Dollar Tree Inc. 78.93 DLTR 65 71.0
Under Armour Incorporated 38.68 UA:US 38 34.8
Yum! Brands Inc. 90.81 YUM 70 85.4
ABCs for NYSE 2011 Portfolio Value
30 September 2016 (including dividends) / 31 December 2011 141565.60 / 77436.00 Gain 570
months 96.81%
IRR pa 13.54%
Once again the cattle were lowing, contented mooing had returned to the stockyard. Then ‘Brexit’
roiled the waves. Fund managers panic rumoured sky falling on the markets again gave way to the
real economy inching forward, reclaiming value lost under management herd’s trample, spooked
by politicians vying for an income. There was sharp rebound, as fundamentals of the real economy
remain positive, as the economy worries down the excesses of others’ moral hazards. Best we
engage for the long term, holding steady for the month. Buy back those ‘likeables’ that have not
already rebounded too far and are still above our SF. It works. Consumer spending has rebounded
and business is recharging inventory, as the economy grows 1.2%, inch by inch. ‘Niagara Falls’
the market callers went ‘loopy’ again. We loosened the stops in contra-flow with market
behaviour, because the real economy is mooing and munching for growth.
Having forged through 24 months of volatile and negative markets the demonstrated performance
is eleven times better than provided by hedge funds over the interval. The gain of this sample
portfolio taken from our ‘likeables’ partitioning of the markets was achieved with simple passive
stoploss as is suited for small investors’ needs, while remaining liquid for accessing your own
wealth for your emergencies or helping those dear to you. Passive gain is very nice, very ‘likeable’
working for you managing the growth of your own wealth, in your control.
Using framing options to collar exit or holds guided by the Risk Price is more lucrative than
“
Page 9 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
stoploss controls, but that takes ardent even anxious attention to market gamblers bet making and
taking. We take them. We have a lever with Risk Price, and its ‘likeables’ we know something
more about an equity than anyone else outside the company, because we read balance sheets
differently, with new fundamentals measuring its worth and its capacity. Old conventional
fundamentals measure price, not worth, which is never reliable foundation for managing growth of
your wealth. The market ‘stockyards’ are full of auctioneers who know nothing about worth, they
are just ‘making markets’.
Cash Forward (* after 100 Shares 31may16 Buy-ins) 21.00
Net Cash * after 100 shares stoploss 10840.00
Current Cash 10861.00
Buy-ins *100 shares 30sep16
SF (Risk Price)
Stop/Loss
CME Group Inc. 104.52 CME:US 59 99.3
Cash Forward (* after 100 Shares 30apr16 Buy-ins) 409.00
Cash Dividends earned 6485.62
Total Cash Available
6894.62
ABCs for NYSE 2011 Portfolio Value
30 September 2016 (including dividends) / 31 December 2011 141565.60 / 77436.00 Gain 570
months 96.81%
IRR pa 13.54%
(Pending Need for Change or investing new Savings)
Northrop Grumman Corp 213.95 NOC:US 120 196.8
Roper Industries Incorporated 182.47 ROP:US 141 171.5
JM Smucker Company 135.54 SJM:US 95 124.7
This little ‘likeables’ sampler has gained 4.75% in the past 6
months, but, 23.25% in the year. That is very likeably nice!!!
AB-Z 2013 NYSE Portfolio 22 December 2013 131242.00
(See prior posts for early trading history)
Buy-ins *100 shares 29feb16
Analog Devices Inc. ($54.1 StopLoss 27jun16) ADI:US 52 60.6
Allegion PLC ($67.8 StopLoss 09sep16) 67.80 ALLE:US 50 64.8
Amgen Inc. ($147.4 StopLoss 27jun16) AMGN 150 158.5
Broadcom (Avago Tech) Ltd. 172.52 AVGO 116 155.3
Boeing Company 131.74 BA 113 123.8
Becton Dickinson & Co 179.73 BDX:US 95 168.9
Ball Corp. ($68.7 StopLoss 27jun16) BLL:US 53 77.0
Coca-Cola Enterprises Inc. ($49.9 StopLoss 31may16) CCE:US 46 35.5
CH Robinson Worldwide Inc. ($71.1 StopLoss 27apr16) CHRW 64 67.6
Dollar General Corporation ($79.9 StopLoss 29apr16) DG:US 57 63.0
“
Page 10 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
DineEquity Incorporated ($87.2 StopLoss 28apr16) DIN:US 83 73.6
Electronic Arts Inc. ($71.6 StopLoss 27jun16) EA 62 76.9
Ecolab Inc 121.72 ECL:US 103 116.9
WPP plc ($112.4 StopLoss 10jun16) WPPGY:US 68 113.0
XL Group ($33.7 StopLoss 28apr16) XL:US 30 31.3
Zoetis Incorporated 52.01 ZTS 35 49.4
Buy-ins *100 shares 30apr16
Check Point Soft. Tech. Ltd. ($80.0 StopLoss 24jun16) CHKP:US 75 74.5
CH Robinson Worldwide Inc 70.46 CHRW 64 67.6
DineEquity Incorporated 79.19 DIN:US 83 73.6
XL Group ($31.2 StopLoss 24jun16) XL:US 30 31.3
Buy-ins *100 shares 31may16
Coca-Cola Enterprises Inc. ($36.9 StopLoss 24jun16) CCE:US 46 35.5
VF Corporation ($56.8 StopLoss 09sep16) 56.80 VFC 46 52.7
Buy-ins *100 shares 31jul16
Cincinnati Financial Corp 75.42 CINF 42 68.6
Dunkin Brands Group Incorporated 52.08 DNKN 42 47.9
Emerson Electric Co. ($52.3 StopLoss 19aug16) EMR 50 50.7
EQT Corporation 72.62 EQT 60 63.9
Under Armour Incorporated 38.68 UA:US 38 34.8
United Technologies Corp. ($101.8 StopLoss 14sep16) 101.80 UTX 88 94.5
Varian Medical Systems Inc 99.53 VAR:US 81 93.6
WPP plc 117.72 WPPGY:US 68 113.0
Buy-ins *100 shares 31aug16
Bemis Co Inc 51.01 BMS:US 40 47.9
AB-Z 2013 NYSE Portfolio 30 September 2016
(including dividends) / 22 December 2013
159980.80
/ 131242.00
Gain 33.0
months 21.90%
IRR pa 7.47%
This month the mooing of the contented herd declined to anxious ‘Brexit’ storm clouds, with
modest 0.34% loss in value. There were no thunderheads, only politicians in search of a new
income. Like Wall Street, they must make noise to service their incomes, “no panic, no trades, no
fees.” Neither know what they are doing, not politicians and not Wall Street, they just read a
meaningless script of ‘Wild-Ass-Guessers’ to the looped 24 hour news cycle in zero-sum games.
This current IRR result is still far less than our expected long term tendency. However, it is
growing, faster than hedge funds. That is cause for celebratory hats and horns. This portfolio has
gone through 22 months of volatile and negative market behaviour, two thirds of its interval. This
portfolio has demonstrated resilience even using the less effective stoploss regime. We know the
pursuit of framing options to collar exit or holds guided by the Risk Price is more lucrative.
Over these two plus years this portfolio has more than septupled the troubling overwhelmingly
negative performance of hedge funds who need a Confessional for, “they know not what they are
“
Page 11 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
doing”. This ‘likeables’ portfolio using passive stoploss regime has proven stunningly better result
for the small investor, passively better than any ETFs, GICs, 401Ks, RRSPs, hedge funds13,
bond or product the financial industry offers and always is liquid for the small investor
needing access to use their own wealth to help themselves or dear ones when need arises.
By staying in the market and riding through the trough like a surfer, this portfolio has proven
stunningly better result for the small investor than any financial industry product based in
conventional aphorisms, which as we know are useless and dangerous to your wealth, even your
health, becoming prone to nervous anxieties. Do not give those ‘Artful Dodgers’ your wallet.
Cash Forward (* after 100 Shares 29feb16 Buy-ins) 169.00
Net Cash * after 100 shares stoploss 5230.00
Current Cash 5429.00
Buy-ins *100 shares 31aug16
SF (Risk Price)
Stop/Loss
Dollar General Corporation 69.99 DG:US 57 63.0
United Technologies Corporation 101.60 UTX 88 94.5
VF Corporation 56.05 VFC 46 52.7
Cash Forward (* after 100 Shares 30nov14 Buy-ins) 45.00
Cash Dividends earned 5728.04
Total Cash Available
That is ‘idle’ cash in your cache, for which you
may add a 100 block of AKAM.to your cache.
5773.04
Akamai Technologies Inc
And, if you did do so at $50.53, you gained 4.87% in a
quarter for your cache, very, very likably done!
52.99 ÷
50.53
AKAM:US 40 45.6
AB-Z 2013 NYSE Portfolio 30 September 2016
(including dividends) / 22 December 2013
159980.80
/ 131242.00
Gain 33.0
months 21.90%
IRR pa 7.47%
Engage in “likeables” save your own bacon.
The conventional investment industry cannot prove any of their assumptions underlying their methods,
whose results are 1.03:1, like14 a coin toss. Avoid those Artful Dodgers playing dice with your wallet.
Investors need a real compass15. Risk Price shows their way16. Our TaxCharityTM gives proof. In the
spirit and tradition of real science of Bacon and Newton we feign nothing; our demonstrations are in
real time with real consequences obtaining real benefit to investors’ wallets, because we can.
In our Modal Geometry theory of the firm we make only two assumptions, clearly as follows:
“
Page 12 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
1. there is a balance sheet of the firm (that the rule of law governs its information is possibly
weak assumption but at an accuracy to at least the modest degree accountants are prepared to be
responsible for); and,
2. the firm will vigorously negotiate, “what it owns” (in order to stay in business “what is owed
to it” with “what it owes” and vice versa, to make the best of what it has, that is in its trading
connections).
The Modal Geometry theory of the firm has unfolded more by rigorous observation in the real world of
corporate ledgers relation to balance sheets. That is aided with logic, epistemology, and some powerful
mathematics that is real science, not conventional assumptions with little relevance but gossip.
Our reasons for having any equity in our portfolios are clear, concise and consistent. ‘likeables’ are
equities shown valued by investors, tending to continuing gain, which investors have demonstrated a
determination to buy and hold at stock prices above the price of risk. That tendency demonstrates 2 of 3
‘likeables’ gaining for the long term, as we continue to show, in more than theory, in real markets.
Proof is positive, in our TaxCharityTM and BookBuilderTM suite of portfolios extending our
proprietary information to small investors use. The ABC-Zs suit larger wallets. But all our portfolios
scale up, as many of our sneakier viewers know. Amorality is not what Adam Smith proposed as basis
for economic society, society did not need ‘professionals’ cons for that. Because we can, while the
entire financial industry is so busy blowing bubbles17 with cash from your wallet.
Know What You Have. Have What You Know.
Our risk averse view works. The proof of our method is clear and forthrightly shown. Of course we
require 2&20 fees for doing that, or utilize our StockTakers 12% Bond. Mail us for your wealthy
helping of what we can do for you. Because we can. You have proof
Hans Goetze,
Architypes Inc. [email protected] and StockTakers Limited Head Office 76
351 Chemin Boulanger Sutton, PQ J0E 2K0 450 538-1270 647 608-2176
1 http://riskwerk.com/2014/02/05/pi-demand-and-supply/ 2 E. Goetze, The Modal Geometry of the Firm and Worth of the Trading Connections, 2006 3 http://riskwerk.com/2013/05/18/the-real-intelligent-investor/ 4 http://www.rainmedia.net/portfolio/the-retirement-gamble/ 5 https://www.hedgefundresearch.com/mon_register/index.php?fuse=login&hi 6 http://riskwerk.com/2013/09/15/earnings-dont-matter-2/
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Page 13 of 13
September 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
ABCs to Zs Defense of Capital, Tax CharityTM–30 September 2016
7 http://www.slideshare.net/HansGoetze/stocktakers-12-bond 8 http://www.slideshare.net/HansGoetze/the-grail-and-the-goat-portfolios 9 http://www.slideshare.net/HansGoetze/four-horses-of-portfolio-apocollapse http://www.slideshare.net/HansGoetze/fearful-fund-fantasies 10 Like Bill 1, http://www.cnbc.com/2016/03/30/bill-gross-central-banks-running-out-of-time-to-reflate-economies.html ; and, Bill 2, http://www.bloomberg.com/news/articles/2016-04-01/pershing-square-holdings-falls-25-6-in-first-quarter-on-valeant , they should not bet client money on pigs going to market. Or, the average for hedge funds WAGs at https://www.hedgefundresearch.com/mon_register/index.php?fuse=login&hi 11 http://www.slideshare.net/HansGoetze/stocktakers-12-bond 12 http://www.slideshare.net/HansGoetze/the-corporate-social-on-our-best 13 Like Bill 1, http://www.cnbc.com/2016/03/30/bill-gross-central-banks-running-out-of-time-to-reflate-economies.html ; and, Bill 2, http://www.bloomberg.com/news/articles/2016-04-01/pershing-square-holdings-falls-25-6-in-first-quarter-on-valeant , they should not bet client money on pigs going to market. Or, the average for hedge funds WAGs at https://www.hedgefundresearch.com/mon_register/index.php?fuse=login&hi 14 http://www.slideshare.net/HansGoetze/the-grail-and-the-goat-portfolios on North American markets the combined average
result of ‘managers’ investment models is 1.03:1, statistically no better than monkeys tossing coins or dice as compared to Risk Price driven ‘likeables’ portfolio showing 2.28:1 of the equities gain for long periods, the rest is ‘gardening’ 15 http://www.slideshare.net/HansGoetze/orienteering-among-magpies 16 http://riskwerk.com/2012/08/26/the-price-of-risk/ 17 http://riskwerk.com/2013/10/14/asset-bubbles-day-october-14-2013/