Marketocracy Portfolio Updated - November 14, 2009

On a year to date basis, the S&P 500 recorded a 23.67% return, while the Nasdaq secured 37.47% and the Dow notched a 17.02% return. My Marketocracy portfolio obtained a 66.3% return.

Previous update:
http://malaysiafinance.blogspot.com/2009/10/marketocracy-portfolio-update-2-october.html

http://malaysiafinance.blogspot.com/2009/09/marketocracy-portfolio-update-10.html

As mentioned before, the objective of the portfolio was to beat the S&P 500 consistently over time. Modern finance subscribe to the theory that over time stocks offer superior returns - that being the case, as long as you outperform the benchmark index, you will register superior long term performance. Hence it is useful to look at the performance relative to the S&P 500. Over the last 12 months, the outperformance was by 50.96%.

The Salvador Fund (SMF) line in orange. The m100 line is the aggregate performance tracking the top 100 funds in Marketocracy. The comparison is stark but to be fair, this portfolio will need another 1.5 years before we can safely say its a superior long term performer.

Value: $1,198,431.95

Cash: $106,031.15

Stock Value: $1,092,400.80

NAV: $11.98

SMF m100 S&P 500 DJIA Nasdaq

recent returns vs. major indexes
		MTD QTD YTD SMF 4.39% -3.53% 66.30% S&P 500 5.66% 3.70% 23.67% DOW 5.74% 5.75% 17.02% Nasdaq 6.00% 2.14% 37.47%

recent returns
		RETURNS Last Week 3.61% Last Month -6.72% Last 3 Months 2.01% Last 6 Months 21.32% Last 12 Months 74.06% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 19.84% (Annualized) 14.86% S&P500 RETURNS Last Week 2.33% Last Month 0.30% Last 3 Months 9.47% Last 6 Months 25.18% Last 12 Months 23.09% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception -10.08% (Annualized) -7.81% RETURNS VS S&P500 Last Week 1.28% Last Month -7.02% Last 3 Months -7.45% Last 6 Months -3.85% Last 12 Months 50.96% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 29.93% (Annualized) 22.67%

alpha/beta vs. S&P500
		Alpha 32.05% Beta 1.16 R-Squared 0.79

		Symbol Price Shares Value Portion of Fund Inception Return BDD $13.74 5,000 $68,716.00 5.73% 43.95% MGM $10.75 9,500 $102,125.00 8.52% 43.85% Details STAR $34.03 3,500 $119,105.00 9.94% 42.41% Details F $8.41 10,000 $84,100.00 7.02% 31.03% Details PLD $13.60 8,118 $110,404.80 9.21% 23.28% Details QSII $62.66 1,500 $93,990.00 7.84% 21.29% Details MIDDLE GE $15.66 4,000 $62,640.00 5.23% 5.74% NYB $11.52 6,000 $69,120.00 5.77% 5.15% JEC $43.95 1,500 $65,925.00 5.50% 5.14% NVDA $13.56 5,000 $67,800.00 5.66% 1.53% LOW $21.85 3,500 $76,475.00 6.38% 0.46% Details JNPR $26.15 2,000 $52,300.00 4.36% -1.18% Details KBW $26.60 4,500 $119,700.00 9.99% -2.03% Details

p/s photos: Jessie Chiang Yu Chen