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I'll admit, I dropped the ball. But I'm not unhappy with what I was able to do.
Posted by: socby19 on Jun 25, 15:30 in response to RazorHawk's post The Sports Fund (SPORT) turned 3 years old this week......
In December 2014 the fund was already abandoned, below IPO price, and had invested in very few of the eligible Starbonds. The first week of January, I quickly turned that around, and made it to $33 by the end of June 2015. Not great when compared to other funds, but I did invest in many of the MovieStocks RH listed. Three things took part in the lack of my contribution:
*My inability to react to news/box office/price movements in a timely fashion, and eventual uninterest in HSX in general.
*The few and far between releases of eligible, major studio fare, especially blockbusters (didn't think Hunger Games or Pitch Perfect fit the prospectus criteria). Besides those three, and XXX3, I'm having trouble finding a title that RH listed that I failed to hold and was priced above H$40 at some point. It seems that the current fund manager has overestimated what is eligible.
*Difficulty in breaking the H$40-H$45 level for the entirety of 2016, perhaps in part to the prior two points.
Could have I been more active? Have a fund that would be worth H$60m today? Sure, that's on me. Sorry I couldn't do better.
The Sports Fund (SPORT) turned 3 years old this week... and needs a new manager. RazorHawk May 10, 14:49
Yikes - I did a prior version of this fund - it's not hard so let's find a volunteer people! {nm} daveart May 10, 16:04
Don't have any fund manager experience but I would be willing to give this a try. {nm} tallbridge May 10, 22:30
I'd definitely do it! But Antibody wouldn't run 2 funds at the same time. I'd love to do a themed fund though. {nm} PARAXFund May 11, 00:35
Ditto what tallbridge said {nm} Wellespring May 11, 05:48
I'd give it a crack but you'd all have to be patient with me {nm} 🐨 May 11, 05:52
Maybe Roto would like to volunteer the amount of time he spends here would cash out in no time. {nm} blaze223 May 11, 07:57
fwiw, socby19 came on a year after IPO. {nm} Antibody May 11, 09:30
that makes it even worse... RazorHawk May 11, 10:41
This sounds like a fun challenge. Ill give it a shot if theres no better candidates {nm} Shirtavius May 11, 10:52
The Current Fund Quasi-Manager hasn't just set the Bar Low, the Bar is Under the Topsoil. Dig Dug. {nm} Captain Obvious May 11, 11:13
On Average, a PORT / FUND can make more than 6.0 MILL a Year just by Playing EARN H$. {nm} Captain Obvious May 11, 11:08
I'll admit, I dropped the ball. But I'm not unhappy with what I was able to do. socby19 Jun 25, 15:30
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