The Wall Street Stupidity Index : Test Your Portfolio IQ

from Fortune columnist Stanley Bing

Elements of Valuation in Portfolio Selection by Do It Your Self Investors

I’m Bored                                         12 %

I’m Excited                                      12 %

Greedy , Greedy                              18%

My Favorite Blog said BUY           7 %

Negative Vibes Dude                     5%

CNBC Feature                                7%

Missed the Last One                     12%

Jim Cramer Shout Out               12%

Jack Bass is doing it                    10%

On Twitter                                   10%

Do you REALLY want to do better ? Performance based management is the correct answer.

Jack A. Bass B.A., LL.B  is one of Canada’s foremost economists and stock market writers. He forecast the dramatic rise in the price of gold and the fall in natural gas prices.

Now he is forecasting an astounding rise in the stock market even as he warns of the fallout from Obama Economics. “Obama Economics threatens all markets as the influence of runaway printing presses will turn on its creators – The White House and Wall Street – and then on the folks on Main Street. We can only rely on ourselves to prepare for the turns in economic cycles”.

Portfolio  Management : Engagement Process for Jack A. Bass Managed Accounts Portfolio  Management :

The Engagement Agreement authorizes us to officially act on your  behalf and also provides for protection of confidentiality in regards to the dissemination and distribution of your sensitive financial information.

Generally you will name Jack A. Bass as a person allowed to trade your portfolio – BUT without any authority to remove funds from your account.

Due Diligence. Once our company is engaged, we undertake the required due diligence to confirm and verify the necessary information required to execute your request.

FEES: 1 % annually plus  20 % performance based.

Contact : Email info@jackbassteam.com

Or Call Jack Direct at 604-858-3202  ( same time zone as Los Angeles )

Santa Claus Rally In Shipping Sector

Just about the night before Christmas and I have the right to brag about the results of our commitment to the recovery in the shipping sector.

We EARN our performance fee :

DryShips also has a strong exposure to the spot market, with 20 out of its 28 Panamax vessels, its two Supramax vessels, and one out of its 12 Capesize vessels operating on a spot basis, which should aid earnings going forward if the BDI continues to climb upward as international drybulk trade demand growth seems to indicate. The company has estimated that if spot rates rise by $5,000, it will add $65.8 mill. and $79.3 mill. to its EBITDA or free cash flow generation, respectively, and the numbers rise even higher to $131.6 mill. and $158.7 mill. respectively if spot rates rise by $10,000, and to $263.2 mill. and $317.3 mill. if spot rates rise by $20,000.

We have been following the activities of leading fund managers via numerous articles on Seeking Alpha, and on our website, and have observed a strong correlation between the activities of leading fund managers and the price performance of stocks in the succeeding quarters. Hence, we view the small accumulation of DryShips shares by leading fund managers in the latest 3Q/2013 as a positive, lending further credence to our thesis that DryShips shares are in buy territory based on the projected turnaround in the BDI index and the promising prospects for its majority owned subsidiary ORIG.

DRYSHIPS INC(DRYS:NASDAQ, US)

BuySell
3.93USDIncrease0.24(6.50%)Volume:
Above Average
As of market close 23 Dec 2013.
Open 3.72 P/E Ratio (TTM)
Last Bid/Size 3.92 / 30 EPS (TTM) -0.86
Last Ask/Size 3.93 / 45 Next Earnings
Previous Close 3.69 Beta 2.97
Volume 13,375,548 Last Dividend
Average Volume 9,362,839 Dividend Yield 0.00%
Day High 3.95 Ex-Dividend Date
Day Low 3.69 Shares Outstanding 403.8M
52 Week High 4.00 # of Floating Shares 347.0658M
52 Week Low 1.53 Short Interest as % of Float 4.17%
chart

SAFE BULKERS INC(SB:NYSE, US)

BuySell
10.32USDIncrease0.34(3.41%)Volume:
Average
As of market close 23 Dec 2013.
    • QUOTE DETAILS
Open 9.98 P/E Ratio (TTM) 9.2x
Last Bid/Size 9.50 / 5 EPS (TTM) 1.08
Last Ask/Size 11.00 / 3 Next Earnings 17 Feb 2014
Previous Close 9.98 Beta 1.69
Volume 806,616 Quarterly Dividend 0.0600
Average Volume 805,088 Dividend Yield 2.33%
Day High 10.57 Ex-Dividend Date 20 Nov 2013
Day Low 9.90 Shares Outstanding 83.4M
52 Week High 10.57 # of Floating Shares 41.96572M
52 Week Low 3.15 Short Interest as % of Float 1.39%

NORDIC AMERICAN TANKER LTD(NAT:NYSE, US)

BuySell
9.72USDIncrease0.66(7.28%)Volume:
Above Average
As of market close 23 Dec 2013.

QUOTE DETAILS

Open 9.24 P/E Ratio (TTM)
Last Bid/Size 9.70 / 7 EPS (TTM) -2.13
Last Ask/Size 9.71 / 19 Next Earnings 10 Feb 2014
Previous Close 9.06 Beta 1.25
Volume 3,038,216 Quarterly Dividend 0.1600
Average Volume 1,603,536 Dividend Yield 6.58%
Day High 9.83 Ex-Dividend Date 26 Nov 2013
Day Low 9.16 Shares Outstanding 74.2M
52 Week High 12.00 # of Floating Shares 71.04741M
52 Week Low 7.00 Short Interest as % of Float 13.24%

STAR BULK CARRIERS CORP(SBLK:NASDAQ, US)

BuySell
13.02USDIncrease0.68(5.51%)Volume:
Above Average
As of market close 23 Dec 2013.

QUOTE DETAILS

Open 13.04 P/E Ratio (TTM)
Last Bid/Size 12.62 / 6 EPS (TTM) -57.05
Last Ask/Size 13.10 / 3 Next Earnings
Previous Close 12.34 Beta 1.89
Volume 452,161 Last Dividend
Average Volume 282,985 Dividend Yield 0.00%
Day High 13.43 Ex-Dividend Date
Day Low 12.57 Shares Outstanding 29.1M
52 Week High 13.43 # of Floating Shares 28.41736M
52 Week Low 5.28 Short Interest as % of Float 0.59%
chart
Is your portfolio growing by 4 % a month?

Don’t let another year go by before you are gaining with Jack A. Bass Managed Accounts.

Email info@jackbassteam.com or call Jack direct at 604-858-3202 ( same time zone as Los Angeles) No cost or obligation .

JackAssociates uploaded a video
Thumbnail

http://www.youtube.com/channel/UCA_O-JpUCOGW47_BDUIGPfg

 

Business Development Consultant Chilliwack, BC – (604) 858-3202 ‎

Sold Frontline – staying with Shipping Sector

AMP

Sold Frontline ( FRO )

Friday Dec 6 at $3.50

Net profit 33% 

Rational: The recent move up in the price is not based on the fundamentals of the Company – rather the admission by the Company that it must reorganize to fend off looming defaults and bankruptcy. The shares rose this week and we were happy to part with our position and a very nice margin.

I was happy to take my profits – even our remaining position in Dryships is more secure than Frontline. I think it reasonable to say the better shipping stocks like Diana ( DSX) and Safe Bulkers ( SB) , Ship Finance (SFL) are going to prosper on our scenario of a better world economic outlook and rising Baltic Dry Index rates.

You can profit with Jack A. Bass Managed Funds – we earn our fees because we are performance based not fee based.

Portfolio  Management : Engagement Process for Jack A. Bass Managed Accounts

The Engagement Agreement authorizes us to officially act on your  behalf and also provides for protection of confidentiality in regards to the dissemination and distribution of your sensitive financial information.

Generally you will name Jack A. Bass as a person allowed to trade your portfolio – BUT without any authority to remove funds from your account.

Due Diligence. Once our company is engaged, we undertake the required due diligence to confirm and verify the necessary information required to execute your request.

Evaluation. After due diligence we evaluate your / your  company’s current value and estimate future value based on recent market and other comparable data.

Fees. Engagement Fees are  NOT based on the number of hours and direct costs required to complete due diligence, perform an evaluation, and prepare the necessary information to support your request that we act for you.Our initial review: this includes performing financial analysis, conduct competitive comparisons, in- depth financial reviews, and validating the necessary information to prepare the most compelling portfolio related to your needs. We earn our fees by performance : 1 % per year as administration 20 % of annual portfolio gains calculated twice a year There is no cost or obligation to contact us at info@jackbassteam.com ( or call Jack directly at 604-858-3202 – same time zone as Los Angeles) Main website http://www.jackbassteam.com

 

The Pareto Principle of Portfolio Selection

copyright Jack A. Bass and Jack A. Bass Managed Accounts

Background

The Pareto principle (also known as the 80–20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes.

It is a common rule of thumb in business; e.g., “80% of your sales come from 20% of your clients”. Mathematically, the 80-20 rule is roughly followed by a power law distribution (also known as a Pareto distribution) for a particular set of parameters, and many natural phenomena have been shown empirically to exhibit such a distribution.

Application to Portfolio Selection

The Pareto principle serves as a baseline for Jack A. Bass Managed Accounts analysis  for the purpose of optimizing portfolio returns.

Example : Three recent sales of the lowest yielding stocks in the portfolio allowed for the addition to the selections in the shipping sector . The addition to Safe Bulkers has increased our year to date increase to 21% .

In the Apprentice Millionaire Portfolio ( available from Amazon.com you can read of the sector and company analysis that preceeds selection.This will give you the baseline information for applying the amp2012 blog entries to your portfolio selections.

Portfolio Selection

If you wish to have Jack Bass make those selections simply write info@jackbassteam.com or call Jack direct at 604-858-3202 ( no cost or obligation).

Fess: 1% annually and a performance fee of 20 % of the annual gains.

What Is A Bond Investor To Do ? Guidelines

Bond returns are at record lows.

Bond investors must consider a switch of some funds into equities but conservative investors fear the stock market is a Jedi Knight turned to the Dark Side waiting to swoop down and destroy their portfolio. You must act to preserve your ” buying power” but what to do ?

Here is a guideline we suggest for building a portfolio that cuts down risk( risk cannot be eliminated ):

1) limit selections to common stock listed on major exchanges

2) no stock selling for less than $5.00

3) only select companies that are profitable

4) only purchase stocks that are paying a dividend

5) avoid attempts at market timing

The strategy outlined in this  guideline is simple but not easy to follow. For a more detailed explanation of selection criteria please refer to The Apprentice Millionaire Portfolio available from amazon.com

Portfolio  Management : Engagement Process for Jack A. Bass Managed Accounts

The Engagement Agreement authorizes us to officially act on your  behalf and also provides for protection of confidentiality in regards to the dissemination and distribution of your sensitive financial information.Generally you will name Jack A. Bass as a person allowed to trade your portfolio – BUT without any authority to remove funds from your account.

Due Diligence. Once our company is engaged, we undertake the required due diligence to confirm and verify the necessary information required to execute your request.

Evaluation. After due diligence we evaluate your / your  company’s current value and estimate future value based on recent market and other comparable data.

Fees. Engagement Fees are  NOT based on the number of hours and direct costs required to complete due diligence, perform an evaluation, and prepare the necessary information to support your request that we act for you.Our initial review: this includes performing financial analysis, conduct competitive comparisons, in- depth financial reviews, and validating the necessary information to prepare the most compelling portfolio related to your needs.

We earn our fees by performance :

1 % per year as administration

20 % of annual portfolio gains calculated twice a year

There is no cost or obligation to contact us at info@jackbassteam.com ( or call Jack directly at 604-858-3202 – same time zone as Los Angeles)

Main website http://www.jackbassteam.com

Portfolio Management : Engagement Process for Jack A. Bass Managed Accounts

The Engagement Agreement authorizes us to officially act on your  behalf and also provides for protection of confidentiality in regards to the dissemination and distribution of your sensitive financial information.Generally you will name Jack A. Bass as a person allowed to trade your portfolio – BUT without any authority to remove funds from your account.

Due Diligence. Once our company is engaged, we undertake the required due diligence to confirm and verify the necessary information required to execute your request.

Evaluation. After due diligence we evaluate your / your  company’s current value and estimate future value based on recent market and other comparable data.

Fees. Engagement Fees are  NOT based on the number of hours and direct costs required to complete due diligence, perform an evaluation, and prepare the necessary information to support your request that we act for you.Our initial review: this includes performing financial analysis, conduct competitive comparisons, in- depth financial reviews, and validating the necessary information to prepare the most compelling portfolio related to your needs.

We earn our fees by performance :

1 % per year as administration

20 % of annual portfolio gains calculated twice a year

There is no cost or obligation to contact us at info@jackbassteam.com ( or call Jack directly at 604-858-3202 – same time zone as Los Angeles)

Main website http://www.jackbassteam.com

DRYSHIPS and Jack A. Bass Managed Accounts

It is not at all pleasant to see a holding on the ” major down moves ” Monday a.m.The secondary offering of $ 200 million caused a 7 % drop in after hours trade Friday and that was the opening number Monday.

We sold nothing.

Our experience with Oil and Gas Juniors and Junior miners is that you raise money when you can – because you can’t raise money when you need it badly. Dryships can now carry on into 2015 -

1) a recovery in shipping rates has begun

2) a general economic recovery in the world and China in particular is underway

3) Management does not want to sell more Ocean Rig at a time that sector is surging.

4) the idiocy in Washington will pass until the next time .

I went to breakfast.

Back now the stock has recovered somewhat from the panic level of the opening.

DRYSHIPS INC(DRYS:NASDAQ, US)

BuySell
3.58USDDecrease0.20(-5.29%)Volume:
Above Average
As of 07 Oct 2013 at 10:39 AM EDT.

QUOTE DETAILS

Open 3.52 P/E Ratio (TTM)
Last Bid/Size 3.58 / 234 EPS (TTM) -0.83
Last Ask/Size 3.59 / 139 Next Earnings
Previous Close 3.78 Beta 3.31
Volume 7,821,288 Last Dividend
Average Volume 22,105,229 Dividend Yield 0.00%
Day High 3.66 Ex-Dividend Date
Day Low 3.47 Shares Outstanding 403.8M
52 Week High 4.00 # of Floating Shares 347.1371M
52 Week Low 1.46 Short Interest as % of Float 2.06%

Baltic Dry Index (BDI)    +31   2115 
Rates

BCI

(Cape index)

BPI

(Panamax index)

BSI

(Supramax index)
INDEX

4020

+77

1947

+33

1127

+14

SPOT 4 TCE AVG (USD)

38350

+551

15610

+260

11784

+141

YESTERDAY (USD)

37799

15350

11643

YEAR AGO (USD)

11172

5155 8271

Build Your Portfolio On A Solid Foundation : All You Need To Succeed – in 500 pages of Investing Strategy and Selections


Stock Market Magic: Building Your Apprentice Millionaire Portfolio 2012: All you need to succeed in today's stock market

Available at http://www.amazon.com

Stock Market Magic:

Building Your Apprentice

Millionaire Portfolio

 All you need to succeed in today’s stock market [Paperback]

Jack A. Bass (Author)

5.0 out of 5 stars  See all reviews (2 customer reviews) | Like 1678

Price: $28.95 & this item ships for FREE with Super Saver Shipping

All You Need To Succeed – in 500 pages of Investing Strategy and Selections


Stock Market Magic: Building Your Apprentice Millionaire Portfolio 2012: All you need to succeed in today's stock market

Available at http://www.amazon.com

Stock Market Magic:

Building Your Apprentice

Millionaire Portfolio

 

 All you need to succeed in today’s stock market [Paperback]

Jack A. Bass (Author)

5.0 out of 5 stars  See all reviews (2 customer reviews) | Like 1678

Price: $28.95 & this item ships for FREE with Super Saver Shipping

All You Need To Succeed – in 500 pages of Investing Strategy and Selections


Stock Market Magic: Building Your Apprentice Millionaire Portfolio 2012: All you need to succeed in today's stock market

Available at http://www.amazon.com

Stock Market Magic: Building Your Apprentice Millionaire Portfolio 2012: All you need to succeed in today’s stock market [Paperback]

Jack A. Bass (Author)

5.0 out of 5 stars  See all reviews (2 customer reviews) | Like 1678

Price: $28.95 & this item ships for FREE with Super Saver Shipping
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