Using Veritas to Construct the "Per…

29-04-2017 Hits:88509 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:82210 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:82103 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:86600 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:83035 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:85154 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:56256 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:84482 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:84196 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:84055 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:90539 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:88115 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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I have just closed out my positions on PFG (roughly $20 down to about $6.80) and HIG (about $30 down to about $4.50). I have better things to do with the money (see my recently released research) and they are both trading in the mid single digits. As a result, I am releasing the most recent research reports to free registered users so you guys can see what you have missed out on (you still have to register and choose a free subscription).pfghigchart.gif

 

I'll be releasing 2009-to-date performance figures for my prop account as well as the blog research soon.

The Forbes.com article ("Going Short", March 01, 2009) had two (admittedely minor, but I'll correct them anyway) errors in that it stated that I tripled my money since the blog inception. I tripled my money for the one year period ending 2008. Absolute raw returns since blog inception till today (about a year and a half) is currently 670% for my prop account (the reporter had no way of knowing this, but I thought I would mention it anyway). It also stated that I had wild swings between profits and losses. I am assuming the reporter misread the graph. I had one aggregate down month for the existence of the entire account. The graph that he was probably referring to was a monthly return graph, not a cumulative return graph. See below:

Click to enlarge to print quality

  reggie_monthly_results_explained.png

Below are the raw, absolute returns for my proprietary account. These returns are calculated by calculating the difference between my starting point and ending point, and is the number that I use for comparison (since it is the number that shows how much money I actually made). 

  Reggie's gross avg. return S&P return
For all 2007 (6 months)
42.93% -8.23%
For Q1 2008 50.03% 0.68%
For Q2 2008 53.46% -8.66%
For Q3 2008 32.40% -8.30%
For all 2008 196.11% -8.69%
Since inception (to 1/9/09)
481.04% -35.72%
2008 absolute return 335.42%  
     
Correlation to S&P 500 -61.02%  
Correlated Beta  -2.26  

My risk adjusted returns actually show I took significanly less risk per unit of return than just about everyone that publishes results on the web! Just had to set the record straight! I really did enjoy the article though. I thought it was well done (corrections excluded) and a good read. Here are the free reports:

document  10/25/08 Insurance Industry Update - Professional w/inventory addendum 2008-11-22 06:27:52 7.50 Mb

pdf  Hartford Insurance Group Forensic Analysis - Pro 2008-11-22 06:30:43 619.29 Kb

pdf  Hartford Insurance Group spreads and counterparty/debt holders - pro 2008-11-22 06:31:47 149.00 Kb

pdf  Principal Financial Group Actionable Intelligence Note - Pro version 2009-02-23 09:13:39 252.74 Kb

 

  And now, a word from our sponsor...

I have been planning to raise the prices of the subscription by (last) Monday, but it came to my attention that some may be struggling with access to the lower tier as it is, particularly considering the economy and employment environement. I vowed I would attempt to keep access as open as possible, but I also have bills to pay (a whole lot of bills). So, I will postpone the price increase for oen week (till at least next Monday) to give all non-paying members a chance to jump on board.On that note, Ms. Jennifer Keeley hinted that I share her email with the blog:

Dear Reggie,

I have been reading your blog for over a year now, but only yesterday did I decide to become a subscriber.  I'm just an avergae individual investor trying to navigate the bear market from my home computer, but I was able to pay for my subscription within 3 hours of the market open with some XXXX [the most recent banking actionable intelligence report] puts (now up 25% and counting.) So, a hearty thank you for all your hard work and feel free to use me as an example for anyone on the fence re: subscribing. 

Jennifer Keeley

  Thank you, Jennifer, for the willingness to share your esperience. Has anyone else had the good fortune to quickly recoup their subscription fees from the research herein? If so, please share in the comments section below. BTW, I told you that last banking one would be hot.