Am I missing something?

[dmk112]

Mr Market,

I went to your other website and saw your portfolio and you are down 273.80% (on your open positions), am I missing something here?

Derrick

[Karel]

Hi Derrick,

perhaps you missed the closed positions? They are a bit lower down on the page. If you are smart enough to add up all open positions, you might also be smart enough to add up all closed positions. But there are more of those, so what do I know... ;)

Hint: You should get something like 900%.

Regards,

Karel

[dmk112]

Ok so the strategy is to hold on to the stock no matter how much it falls?

[Karel]

Yes, that is more or less correct. However, as one of the criteria for a pick is that the company needs to grow earnings and revenue, you could make earnings and revenues that continue to disappoint (not just one disappointing quarter) a sell criterion. Mr.Market just ignores this in practice, and he is doing very well.

There is also a discussion on stops in combination with his method in http://www.mrmarketishuge.com/forum/showthread.php?t=562; my conclusion so far is that stops don't fit into the method.

Regards,

Karel