ABCs defense of capital TaxCharityTM-22oct2013
Upcoming SlideShare
Loading in...5
×
 

ABCs defense of capital TaxCharityTM-22oct2013

on

  • 212 views

Free For All - Why Not 40% Capital Appreciation

Free For All - Why Not 40% Capital Appreciation

Statistics

Views

Total Views
212
Views on SlideShare
212
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    ABCs defense of capital TaxCharityTM-22oct2013 ABCs defense of capital TaxCharityTM-22oct2013 Document Transcript

    • “ ABCs Defense of Capital, Tax Charity–22 September 2013 "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 Risk Price analysis of balance sheets allows us to discern a most useful partition from all the equities in any market. These we call “likeables” because investors have consistently shown they prefer them and price them up. Investors like them and there is much to like. As a group 2 of 3 of these “likeables” equities we select tend to gain in stock price for long periods. We understand why as shown in open display, because we can. No one else can, so they do not. We can and do. As open handed display of our methods in January 2012 we released the ABC’s portfolio comprised of just the of newly identified equities on TSX and NYSE we call “likeables” we partition. They are revealed by their rise above Risk Price, our metric that investors must know to defend their capital. Those ABCs made the case even as these two markets diverged. There were 16 equities in the TSX sample for an aggregate $41.972 invested and 12 in the NYSE sample portfolio for an aggregate $77,436 invested at outset. Through the year 5 were dropped due to negative change in their Risk Price metrics, as it turns out in both, finishing last year with the TSX sample up 122.64% and the NYSE sample up 138.97%. These were substantively different markets. The TSX had declined early in the year 2012 and then regained ending up 6.02% and the NYSE had started hot and then cooled to obtain a 8.35% gain in the year. Roughly a four-fold gain was made in both portfolios over their markets. The hedge fund industry recorded only 6.16% on the NYSE prior to their taking fees as supposed earned despite their conventioned performance is poor. Our two ABCs sample portfolios have continued through 2013. TSX first declining then gaining since the end of July on the TSX, ABCs gain isnow total 40.22%. The sample NYSE - ABCs portfolio has gained to total 44.75 % in 2013. Idle cash value is eroded by inflation. Equities that tend to hold their value and gain are better than cash. That is simple fact. We like Capital Safety and Liquidity as we have consistently shown and proven that works for high capital appreciation. http://riskwerk.com/2013/05/18/the-real-intelligent-investor/ The TaxCharityTM portfolios we posted this past January 2013 took-up the challenge for the small investor to reinvest their cash under the limits of annual Tax shelter provisions. You will have done well. Our BookBuilderTM builds your wealth for your childrens’ education, or small savings. Last month we issued proposal for new 2013 TaxCharityTM portfolios to make use of new tax sheltered savings. As we seek sophisticated investors to extend our achievement with new theory of the firm we can charitably offer some of our “Perpetual Bond” list of “likeables” proprietary information to help small investors. We can do as no one else because we can. We show and prove our risk averse “likeables” portfolios obtain long term gains. No one else can, as they have only poor models built on untestable conjectures claimed as theory. The conventional investment industry assumes “expertise” that just culls small investors’ wallets for their own. All the fun fees and profit is theirs. http://riskwerk.com/2013/09/15/earnings-dont-matter-2/ Page 1 of 5 October 2013 © 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 Defense of Capital, Tax Charity–22 September 2013 ABCs for TSX Firms ARC Resources Anvil Mining (Sold on Takeover 21Feb12) Brookfield Asset Management Bombardier (Sold on N* decline 30Nov12) BCE Inc (Sold on N* decline 12jun13) Cogeco Cable CCL Industries Canfor Corp Centerra Gold (Sold on N* decline 30Nov12) Cenovus Energy (Sold on N* decline 30Nov12) Canadian Western Bank (Sold on N* decline 30Nov12) Dollarama Inc Emera Inc (Sold on N* decline 22oct12) Enbridge Inc Fortis Inc (Sold on N* decline 30un13) Finning International (Sold on N* decline 30jun13) Buy-ins 01Jan13 Gildan Activewear Inc. Linamar Corporation Sun Life Financial Inc. Market Price Symbol Stop/Loss SF (Risk Price) $25 $25 $30 $5 $33 $39 $32 $10 $17 $34 $28 $45 $32 $41 $32 $24 $36 $4 $40 $45 $63 $19 $4 $30 $27 $70 $31 $43 $33 $21 49.33 GIL 35.62 LNR 34.76 SLF $35 $19 $26 $41 $28 $29 36.08 GIB.A $23 $29 32.00 CFW 32.8 MTY $30 $21 $29 $27 Gain 21.75 months 43.72% $9 $10 $9 $10 Gain 21.75 months 43.72% 27.57 8.01 41.43 4.75 47.19 48.9 73.00 22.46 17.38 35.95 29.24 83.10 30.9 43.26 ARX.TO BAM-A.TO BBD-B.TO BCE.TO CCA.TO CCL-A.TO CFP.TO CG.TO CVE.TO CWB.TO DOL.TO EMA.TO ENB.TO 32.19 FTS.TO 21.65 FTT.TO Buy-ins 15Jun2013 CGI Group Buy-ins 31Jul2013 Calfrac Well Services Ltd. MTY Food Group Inc Portfolio Value 22 October 2013 (including dividends) Current Net Cash * 100 Shares Net Cash (on 100 shares EMA sale 22Oct13) Buy-ins 31Jul2013 CML HealthCare Inc. Celestica Inc. Net Cash * after 100 Shares Buy-ins (CLC CLS) Portfolio Value 22 October 2013 (including dividends) Current Cash * after 100 Shares Buy-ins (CLC CLS) Page 2 of 5 60324.00 / 41972.00 524.00 3090.00 10.75 CLC 10.78 CLS 1461.00 60324.00 / 41972.00 1461.00 October 2013 © 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 Defense of Capital, Tax Charity–22 September 2013 (Pending Need for Change or investing new Savings) CAE Inc. Hudsons Bay Company Leon's Furniture Limited Northland Power Inc. Pacific Rubiales Energy Corp. Transcontinental Inc. 11.29 18.99 13.05 16.88 22.68 15.75 Engage in “likeables” save your own bacon. The essential feature of “likeables” is that 2 of 3 tend to gain. What is essential in your portfolios is that you buy a full complement of at least eight or preferably more equities at any time (preferably in equal blocks of 100 shares for 'collaring options' as exit strategy to maximize gains, most often continuing to hold through volatility, earning more gains). StopLoss weeds the laggards as needed. Tendency for gain is not the same as pin-the-point on the mule as most encourage or seek. Those motley brayers are legend with survivor bias, even when 2 of their 3 crash they will talk only with whimsy of the one. Their mothers’ “Speak when you have something positive to say” is ignored. Let others chase the gamblers’ risk/reward model. Good reason knows that rarely works. But you can be charitable and buy a lottery ticket that donates support to community sports and arts, like buying a raffle ticket at the Strawberry Social. Our charity shares our proprietary information to small investors. Consider passing-on our charity by designating our normal fee portion to social charity. ABCs for NYSE Firms Alaska Air Group American Express Co Brookfield Asset Management Colgate-Palmolive CSX Corp Walt Disney Co GATX Corporation ($topLoss sold 10Jul13) General Electric Company Alexander & Baldwin (Sold on N* negative 31jul12) Caterpillar (Sold on N* negative 30nov12) ConocoPhilips (Sold on N* negative 30nov12) Cummins (Sold on N* negative 30nov12) Chevron (Sold on N* negative 30nov12) Buy-ins 01Jan13 Gamestop Corp CL A Page 3 of 5 Market Price 66.55 80.87 40.33 126.94 26.09 69.00 46 26.02 58.50 96.00 71.63 108.27 109.00 Symbol Stop/Loss SF (Risk Price) ALK*48 AXP*48 BAM*26 CL*80 CSX*20 DIS*37 GMT*33 GE*17 ALEX CAT COP CMI CVX 26.02 GME:US October 2013 © 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. $32 $52 $30 $49 $21 $44 $35 $20 $40 $90 $42 $102 $109 $56 $70 $35 $58 $24 $60 $44 $23 $31 $79 $66 $122 $117 $26 $42
    • “ ABCs Defense of Capital, Tax Charity–22 September 2013 Hasbro Inc HSBC Holdings PLC ADS Host Hotels & Resorts Inc Huntington Bancshares Inc Intercontinental Exchange Inc Interpublic Group of Cos KLA-Tencor Corporation ($topLoss sold 27aug13) MBIA Inc Principal Financial Group Inc Tyson Foods Inc CL A 54.76 49.99 8.9 56.02 18.55 197.47 56 10.84 46.6 28.89 HAS HBC:US HST:US HBAN:US ICE:US IPG:US KLAC:US MBI:US PFG:US TSN:US $39 $6 $47 $14 $131 $9 $45 $8 $27 $18 $44 $8 $52 $17 $163 $15 $56 $8 $39 $24 14.92 27.47 16.75 21.57 OMX:US P:US RRD:US UBS:US $10 $15 $15 $15 $11 $20 $13 $18 $32 $27 $21 $32 $28 $20 Buy-ins 31Jul2013 OfficeMax Incorporated Pandora Media Incorporated Donnelley RR & Sons Company UBS AG Buy-ins 31Aug2013 Best Buy Co. Inc Hartford Financial Services Jabil Circuit Inc Portfolio Value 15 September 2013 (including dividends) Current Cash (from 31Jul buy) 43.08 BBY:US 33.71 HIG:US 22.58 JBL:US 112067.00 / 77436.00 Gain 21.75 months 27.67 CIEN:US 10.85 FHN:US 14.06 GNW:US $19 $9 $12 44.75% 190.00 (Pending Need for Change or investing new Savings) Ciena Corp First Horizon National Corp Genworth Financial Inc $20 $11 $11 Engage in “likeables” save your own bacon. The conventional investment industry cannot prove any of their assumptions underlying their methods. As we have shown, luck is all that they trade in, 1.03 to 1 is just a coin-toss, not adding value. A tautology is just repetition until it appears to be logical. Lies told often enough are expedient and can even become politically correct. In our Modal Geometry "theory of the firm" we make only two assumptions, clearly as follows: 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). Page 4 of 5 October 2013 © 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 Defense of Capital, Tax Charity–22 September 2013 The Modal Geometry theory of the firm has unfolded more by rigourous observation in the real world of corporate ledgers relation to balance sheets. That is aided with logic, epistemology, and some powerful mathematics, not just conventional assumptions with little or no science. 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. Proof is positive, as our TaxCharity shows. We do that for the small investor, because we can. No one else can. Know What You Have. Have What You Know. Our view is risk averse. Of course we require 2&20 fees for doing that. Mail us for our help. Hans Goetze, Architypes Inc. architypes@gmail.com and StockTakers Limited hg.stocktaker@gmail.com Head Office 76 Midridge Close SE Calgary, AB T2X 1G1 Page 5 of 5 351 Chemin Boulanger Sutton, PQ J0E 2K0 450 538-1270 October 2013 © 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.