ABCs TaxCharityTM-22dec2013
Upcoming SlideShare
Loading in...5
×
 

ABCs TaxCharityTM-22dec2013

on

  • 221 views

StockTakers ABCs TaxCharityTM update to small investors, and AB-Z 2014, because we can

StockTakers ABCs TaxCharityTM update to small investors, and AB-Z 2014, because we can

Statistics

Views

Total Views
221
Slideshare-icon Views on SlideShare
221
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 TaxCharityTM-22dec2013 ABCs TaxCharityTM-22dec2013 Document Transcript

    • “ ABCs Defense of Capital, Tax CharityTM–22 December 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 are “likeables” because investors have consistently shown they prefer them and price them up. So there is much to like. As a group 2 of 3 of these “likeables” equities we identify tend to gain in stock price for long periods. We understand why by proven theory1. Also, as is in open display, because we can. No one else can, so they do not. Because we can, we 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 “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 substantively different markets moved in different directions. 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 conventional poor performance. Our two ABCs sample portfolios we have continued through 2013. TSX first declined then gained since the end of July. The TSX- ABCs 2 year gain is now total 56.21%, in 2013 adding 10.68%. The sample NYSE - ABCs portfolio 2 year gain totals 50.51%, in 2013 adding 31.51%. Idle cash value is eroded by inflation. Equities that tend to hold their value and gain are better than cash. We like Capital Safety and Liquidity as has consistently shown and proven works for high capital appreciation, less risk more gain. Sounds strange truth to power2 there is no intelligent science in conventional fund portfolio methods. The TaxCharityTM portfolios we posted January 2013 took-up the challenge for the small investor to invest new cash under the limits of annual Tax shelter provisions. Followers have done well. Our BookBuilderTM builds your wealth for your childrens’ education, or your small savings. In August we issued new 2013 TaxCharityTM and BookBuilderTM portfolios to make use of new tax sheltered savings. As we seek sophisticated investors to extend our achievement in new theory of the firm we can charitably offer some of our “Perpetual Bond” list of “likeables” proprietary information to help small investors. Because we can we do. “Likeables” portfolios perform. Conventional investment industry assumes “expertise” but have only poor models built on untestable conjectures claimed as theory. That just culls small investors’ wallets to that unproven use. All the fun fees and profit is theirs, but next to nothing for you3 are ever left, just their tease. Page 1 of 6 November 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 CharityTM–22 December 2013 ABCs for TSX Firms portfolio from 31 December 2011 Market Price Symbol Stop/Loss SF (Risk Price) 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 (Sold on $topLoss 04dec13) 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. Buy-ins 15Jun2013 CGI Group Buy-ins 31Jul2013 Calfrac Well Services Ltd. MTY Food Group Inc Buy-ins 22Oct2013 Hudsons Bay Company. Celestica Inc. 29.45 ARX.TO AVM.TO 40.23 BAM-A.TO BBD-B.TO BCE.TO 46.91 CCA.TO 79.91 CCL-A.TO 26.52 CFP.TO CG.TO CVE.TO CWB.TO 87.78 DOL.TO EMA.TO 43.00 ENB.TO FTS.TO FTT.TO $28 $28 $33 $5 $36 $39 $37 $13 $17 $35 $30 $55 $32 $47 $32 $24 $39 $4 $45 $44 $70 $20 $1 $30 $33 $80 $28 $41 $33 $21 55.83 GIL 42.32 LNR 36.99 SLF $40 $19 $28 $45 $36 $34 37.57 GIB.A $33 $36 31.05 CFW 33.52 MTY $30 $21 $29 $28 18.79 HBC 10.63 CLS $16 $9 $18 $9 Portfolio Value 22 October 2013 (including dividends) 65564.00 / 41972.00 Gain 23.75 months 56.21% $45 $46 Prior Net Cash * after 100 Shares 22oct Buy-ins Net on StopLoss ENB.TO Current Net Cash * before 100 Shares 22dec Buy-ins Buy-ins *100 shares 22Dec2013 Laurentian Bank of Canada Net Cash * after 100 Shares 22dec Buy-ins Page 2 of 6 647.00 4300.00 4947.00 47.03 LB 244.00 November 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 CharityTM–22 December 2013 Portfolio Value 22 December 2013 (including 65564.00 / 41972.00 dividends) / 31 December 2011 Gain 23.75 months 56.21% $9 $40 $12 $28 $13 $11 $39 $12 $30 $14 (Pending Need for Change or investing new Savings) CAE Inc. Crescent Point Energy Corp. Leon's Furniture Limited Power Corporation of Canada Resolute Forest Products Inc 13.64 41.37 13.65 31.97 16.27 CAE CPG LNF POW RFP 12.35 4.19 15.67 29.45 26.47 4.62 26.32 64.75 31.05 90.46 41.37 35.52 61.81 ADN ANS ARE ARX BA BBD.B BIN BNS CFW CM CPG CU VET AB-Z 2014 TSX Portfolio * after 100 Shares Buy-ins 22 December 2013 Buy-ins * per 100 Shares 22 December 2013 Acadian Timber Corporation Ainsworth Lumber Company Limited Aecon Group Inc. ARC Resources Ltd. Bell Aliant Inc. Bombardier Inc. Progressive Waste Solutions Ltd. Bank of Nova Scotia (The) Calfrac Well Services Ltd. Canadian Imperial Bank Of Commerce Crescent Point Energy Corp. Canadian Utilities Limited Vermilion Energy Inc. AB-Z 2014 TSX Portfolio * after 100 Shares 22 44403.00 / 44403.00 December 2013 $10 $3 $13 $28 $25 $5 $26 $59 $30 $72 $40 $34 $53 Gain 0.0 months $11 $3 $14 $28 $26 $4 $25 $63 $29 $86 $39 $34 $57 0.00% Engage in “likeables” save your own bacon. The proven behaviour of “likeables” is that 2 of 3 tend to long term gain. What is essential is that you buy a complement of at least eight or preferably more equities at any time (preferably in equal blocks of 100 shares for 'collaring options' as exit strategy to maximize gains, most often continuing to hold through volatility, earning more gains). StopLoss weeds the laggards as needed. Tendency for gain is not the same as pin-the-point on the mule as most encourage or seek. Those motley brayers are legend with survivor bias, they talk only with whimsy of the one winner. Let others chase gamblers’ risk/reward model that rarely works, as their house wins. You can be charitable and buy a lottery ticket donating support to community sports and arts, like a raffle ticket at the Strawberry Social. Our charity shares our proprietary information to small investors. Consider passing-on our charity by designating our normal fee portion to social charity. Page 3 of 6 November 2013 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
    • “ ABCs Defense of Capital, Tax CharityTM–22 December 2013 ABCs for NYSE Firms Alaska Air Group American Express Co Brookfield Asset Management Colgate-Palmolive (stock split 2 for 16may2013) CSX Corp Walt Disney Co GATX Corporation ($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 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 (Sold on $topLoss 13dec12) Principal Financial Group Inc Tyson Foods Inc CL A Market Price Symbol Stop/Loss SF (Risk Price) ALK*48 AXP*48 BAM*26 CL*80 CSX*20 DIS*37 GMT*33 27.08 GE*17 $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 GME:US HAS HBC:US HST:US HBAN:US ICE:US IPG:US KLAC:US 11.00 MBI:US 50.16 PFG:US 31.82 TSN:US $26 $39 $6 $47 $14 $131 $9 $45 $8 $27 $18 $42 $44 $8 $52 $17 $163 $15 $56 $8 $39 $24 OMX:US 29.23 P:US 17.31 RRD:US UBS:US $10 $15 $15 $15 $11 $20 $13 $18 39.66 BBY:US 36.07 HIG:US 16.12 JBL:US $32 $27 $21 $32 $28 $20 33.02 HSH:US $30 $29 77.15 83.85 39.49 132.52 27.35 70.20 ALEX CAT COP CMI CVX 49.86 52.88 9.14 56.03 18.58 217.41 17.34 Buy-ins 31Jul2013 OfficeMax Incorporated (Takenover by ODP 01nov13) Pandora Media Incorporated Donnelley RR & Sons Company UBS AG ($topLoss sold 05nov13) Buy-ins 31Aug2013 Best Buy Co. Inc Hartford Financial Services Jabil Circuit Inc Buy-ins 22Nov2013 * 100 shares Hillshire Brands Company Portfolio Value 22 December 2013 (including dividends) 114763.00 / 77436.00 / 31 December 2011 Page 4 of 6 November 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. Gain 23.75 months 50.51%
    • “ ABCs Defense of Capital, Tax CharityTM–22 December 2013 Prior Cash Forward (after Buy-in 22nov) Net Cash (on StopLoss sales *100 shares (MBI) Current Cash Buy-ins *100 shares 22Dec2013 112.00 1100.00 1212.00 Xerox Corp 11.88 XRX:US Net Cash after *100 shares Buy-in 22dec(XRX) 24.00 Portfolio Value 22 December 2013 (including dividends) 114763.00 / 77436.00 / 31 December 2011 $9 Gain 23.75 months $10 50.51% (Pending Need for Change or investing new Savings) Ciena Corp Deltic Timber Corporation First Horizon National Corp Genworth Financial Inc DENTSPLY International Inc Yelp Incorporated 21.49 66.9 11.5 15.28 48.43 68.01 CIEN:US DEL:US FHN:US GNW:US XRAY YELP:US $19 $58 $9 $12 $17 $58 $10 $12 $45 $58 $45 $49 A:US AGCO Corp AMCX:US AMGN:US ARG:US BEAM:US BIDU:US BIIB:US CCI:US CERN:US CHRW COF:US CTSH:US ZION:US $44 $48 $49 $52 $60 $77 $57 $103 $83 $55 $128 $101 $63 $44 $51 $61 $78 $22 $102 $64 $137 $215 $70 $48 $55 $64 $85 $26 AB-Z 2014 NYSE Portfolio 22 December 2013 Agilent Technologies Inc AGCO Corp AMC Networks Incorporated Amgen Inc. Airgas Incorporated Beam Incorporated Baidu Inc. ADS Biogen Idec Inc Crown Castle International Corporation Cerner Corp. CH Robinson Worldwide Inc Capital One Financial Corp Cognizant Technology Solutions Corp. Zions Bancorporation AB-Z 2014 NYSE Portfolio *100 shares Buy-in 56.96 57.62 64.57 114.03 109.9 67.34 173.36 283.34 71.98 54.67 56.54 74.73 98.16 29.22 131242.00 / 131242.00 22 December 2013 Gain 0.0 months 0.00% 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 Page 5 of 6 November 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 CharityTM–22 December 2013 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). 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 conventional assumptions with little relevance or real 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 shows in our TaxCharityTM and BookBuilderTM portfolios. We extend our proprietary information to small investors. The ABCs and new AB-Zs suit larger wallets. Because we can, while the entire financial industry is so busy blowing bubbles4 with cash from your wallet. 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 1 351 Chemin Boulanger Sutton, PQ J0E 2K0 450 538-1270 E. Goetze, The Modal Geometry of the Firm and Worth of the Trading Connections, 2009 2 http://riskwerk.com/2013/05/18/the-real-intelligent-investor/ 3 http://riskwerk.com/2013/09/15/earnings-dont-matter-2/ 4 http://riskwerk.com/2013/10/14/asset-bubbles-day-october-14-2013/ Page 6 of 6 November 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.