The Hampton Letter
 

 
A place for investors to swap investment thoughts.
 
 
   
 
Friday, January 02, 2004
 
I had problems sending you email also, Bert.... Proud picks: I am just lucky to have taken control of my retirement stuff this last year and can say I picked a good time to start doing it. Proud picks: etrade and hbio. Not bad for a dummy. Losers: Not selling more mutual funds (janus and putnam). also: Internet Capital Group(but it is chump change and I am going to let it sit there like you are not supposed to do).

Wednesday, December 31, 2003
 
What are everyone's proudest picks for 03? And what were your worst disasters?
I am proudest of Petrochina (PTR). I picked it in late 02 because it had China, oil and a huge dividend. My favorite things. It is up from 19 to 57 plus paying over 7% (then, not now, since it went up).
My shame is in selling a small cap fund in 02 and missing out on all the goodies. I did invest part in another one, but it was a big mistake to sell it.
In 03 I also finally sold Hopewell Holdings. Bert has to share the blame on this one a little bit. I wondered what happened to that marvelous road that they were going to own and sell leases along. Did they ever build it? To show you how utterly stupid I was in 94 when I bought it, I bought it in a tax sheltered account. Now that is STUPID! Now it's not even good for a tax write off. We do live and learn and get better.
Also very proud of ACAS which I mentioned here when I bought it. Over 10% dividend and up about 25%. This was a year when even I could make money. It is up from about 23 to almost 30 while paying that nice dividend. And in a tax sheltered acct!
But such a no brainer to just have bought the NASDEC and made 50% on your money by just leaving things alone. But would that be any fun??

 

 
   
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