FIC Core Portfolio Performance As of Q4 2021

By | March 7, 2022

  FIC Core Portfolio S&P 500 Total Return 2021 Q4 -1.72%1 11.03%2 2021-Calendar -1.1% 28.7%2 2020-Calendar 20.9%1 18.4%2 2019-Calendar 4.0%1 31.5%2 2018-Calendar -18.0% -4.4% 2017-Calendar 35.1% 21.8% 2016-Calendar 16.7% 20.1% 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

By | November 5, 2021

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 US Equity Portfolio As of Q4 2019

By | January 25, 2020

Year Main Fund (Money Weighted Return, Pre-tax) S&P 500 Total Return MSCI China Index 2016 (Feb 3) 16.7% 20.1% 16.9% 2017 35.1% 21.8% 55.6% 2018 -18.0% -4.4% -18.7% 2019 4.0% 31.5% 23.0% NOTE: 1. Past results do not indicate future performance. This is NOT an effort to raise funds nor this is an effort to provide… Read More »

2018 Summary

By | December 31, 2018

Work: Consistently placed capital in commercial real state space and in common equities Investment return summary will be discussed in a separate post Personal Improvement: Running and Training: Total mileage: 2107 miles Number of Races: 10 (1 1-mile race, 1 5K-race, 1 4mile-race, 1 5-mile race, 1 10K-race, 1 15K-race, 1 15-mile training race and… Read More »

Publication Schedule

By | December 14, 2018

Now we are very busy analyzing and buying things (lots of good stuff getting closer and closer to be investible everyday) and we are actively screening a lot of opportunities now.  (just imagine the “Black Friday” in stock market, not in ebay or amazon). As a result, our usual weekly publication schedule will change to… Read More »