FIC Core Portfolio Performance As of Q3 2022
FIC Core Portfolio beat S&P500 and Vanguard World Equities Index by large margin and managed to achieve a positive YTD money weighted return. YTD Outperformance over S&P 500 is 26.54%
FIC Core Portfolio Performance as of Q2 2022
Portfolio outperformed S&P 500 in Q2 by more than 23%. The value embedded in the positions show resilience in a bear market.
FIC Core Portfolio Performance As of Q1 2022
Q1 was a tough quarter, especially for Chinese Stocks listed in US
Recent Events: Covid, Chinese Equities and Russia Invasion
Covid give me some weird absolute alone time that helped a lot of soul searching.
Chinese Equities are as cheap as some Retailer stocks 3 years ago.
Russia invasion is creating a unique opportunity to buy things cheap. But make sure you are prepared to a must longer war than expected.
FIC Core Portfolio Performance As of Q4 2021
FIC Core Portfolio S&P 500 Total Return 2021 Q4 -1.72%1 11.03%2 2021-Calendar -0.49% 28.71%2 2020-Calendar 20.93%1 18.40%2 2019-Calendar 3.96%1 31.49%2 2018-Calendar -3.86% -4.38% 2017-Calendar 32.39% 21.83% 2016-Calendar 29.31% 11.96% FIC Core Portfolio is not a tax-exempt account however, the return posted here is before considering tax liability generated by any investment activities. Returns reported… Read More »
MNR/ILPT Acquisition
It was announced today that MNR (Monmouth Industrial REIT) will be acquired by ILPT at a $4bn valuation. Link here We, as one minority investor, while commending the management team of seeking maximizing shareholder’s return in MNR, disagree with the sale price. We strongly believe that such a high quality industrial portfolio with long term… Read More »
FIC Core Portfolio Performance for Q3 2021
FIC Core Portfolio S&P 500 Total Return 2021 Q3 -12.64%1 0.58%2 2020-Calender 20.93%1 18.40%2 2019-Calendar 3.96%1 31.49%2 2018-Calendar -3.86% -4.38% 2017-Calendar 32.39% 21.83% 2016-Calendar 29.31% 11.96% FIC Core Portfolio is not a tax-exempt account however, the return posted here is before considering tax liability generated by any investment activities. Returns reported here are all… Read More »
FIC Core Portfolio Performance for Q2 2021
FIC Core Portfolio S&P 500 Total Return 2021 Q2 11.52%1 8.55%2 2020-Calender 20.93%1 18.40%2 2019-Calendar 3.96%1 31.49%2 2018-Calendar -3.86% -4.38% 2017-Calendar 32.39% 21.83% 2016-Calendar 29.31% 11.96% FIC Core Portfolio is not a tax-exempt account however, the return posted here is before considering tax liability generated by any investment activities. Returns reported here are all… Read More »
FIC Core Portfolio Performance for Q1 2021
FIC Core Portfolio S&P 500 Total Return 2021 Q1 3.93%1 6.17%2 2020-Calender 20.93%1 18.40%2 2019-Calendar 3.96%1 31.49%2 2018-Calendar -3.86% -4.38% 2017-Calendar 32.39% 21.83% 2016-Calendar 29.31% 11.96% FIC Core Portfolio is not a tax-exempt account however, the return posted here is before considering tax liability generated by any investment activities. Returns reported here are all… Read More »
FIC Core Equity Portfolio Performance as of Q4 2020
Strong Q4 performance to flip a volatile year from deeply underperformance to outperformance!