Annual Report

[racemize]

So I wrote an annual report for my "fund" (calling it a partnership, but it doesn't really exist yet).  It ended up being much longer than I expected, but I thought I would share it.

StevensFund2011Annual.pdf

[Eddie Willers]

Racemize -

 

Excellent report.  Great investment returns.  You get my vote for rookie of the year on this board! 

 

Congratulations and very well done.

 

Eddie

[ourkid8]

What is your reserved position?  :)  (I have to ask!)

 

So I wrote an annual report for my "fund" (calling it a partnership, but it doesn't really exist yet).  It ended up being much longer than I expected, but I thought I would share it.

[racemize]

Thanks for the nice comments all. 

 

If anyone made it through the market section, I'd appreciate any feedback you have on the content (particularly if I'm off base somewhere).  I know most of it probably isn't terribly insightful, but I thought I would put down my thoughts on various subjects I'd paid attention to or read about in 2011.

 

Re my largest position--I've had it since the beginning and it hasn't paid off yet, so I may be drinking my own cool-aid, but we'll see.  Maybe I'll post a write up of it.