Considering all of the above, as usual the simplest solution is probably the best... I will measure performance for my portfolio of stock recommendations based on quarter -
end prices vs. year - end prices (or for 2012 recommendations, prices at the time of first publication).
And remember, Gainers / Losers are based on quarter -
end prices vs. the original market prices I noted (as I worked my way through each stock's valuation in Jan - March).
Not exact matches
Therefore if they put $ 250k into your company and it's not
priced it's not the
end of the world to them (on a $ 40 million fund) if the eventual round gets done at $ 8m pre-money
vs. $ 3 million pre-money.
Therefore, we expect the Fed to raise key interest rates six more times (
vs. the 3.2 times that markets currently
price) from now until the
end of 2018, and expect the other major developed - market central banks to tilt toward a less dovish / more hawkish stance.
It's not a big surprise, since
Price has collaborated with both Wright and his Ant - Man co-writing chum Joe Cornish on the likes of Scott Pilgrim
Vs. The World, Attack The Block and The World's
End.
And while this year
Price also scored Edgar Wright «s «The World's
End» (he had previously done additional music on «Scott Pilgrim
Vs. The World «-RRB- he will forever be remembered for his stunning work on «Gravity.»
The Apple
vs. Department of Justice anti-trust, book
pricing case came to an
end this past week.
In other words, I would
end up paying $ 3.10 / gallon to pre-buy my home heating oil
vs. paying only $ 2.55 / gallon to fill up my tank today (assuming the
price of oil did not change).
At that point, the advantage (IMO) of the index fund over the ETF is that the
price change isn't reflected until the
end of the day
vs. every 15 or so minutes with the ETF, thereby helping keep you from making emotional hair - trigger decisions from trying to monitor your investments every 30 minutes.
Gains / losses are based on yr -
end 2013
prices (again, except ZMNO)
vs. end - H1 2014 / final sale
prices.
Other holdings: Gains are based on average stake size (original yr -
end 2015 allocations, except for FIG: US) & year -
end 2016 share
prices (
vs. year -
end 2015
prices).
But scarcely a month & half later, this bombshell update was delivered: Needless to say, it's jam tomorrow for another year & the share
price suffered accordingly, now 32 % lower (
vs. end - June) at 1.88 p per share.
All other holdings: Gains are based on average stake size (yr -
end 2014 allocation, adj. for incremental buys / sells), and
end - H1 2015
prices (
vs. yr -
end 2014
prices, or original investment write - up
prices).
But over - indebted / value trap (old media) stocks always lk really cheap — the share is trying to
price in a v binary
end - game: Survival
vs. extinction.
Presuming both, Zamano now trades on a 0.75
Price / Cash multiple (
vs. $ 7.3 million net cash as of
end - Nov), and a substantial portion of this cash should now be available (logically, with acquisitions off the table) for a return of capital.
At the
end of the year, the S&P 500 Index
price - to - earnings ratio (P / E) was more than 50 % higher than the MSCI EAFE Index (32.0
vs. 20.4).
For example, Saga Furs was a stand - out — I actually
ended the year (marginally) in profit
vs. my actual entry
price (believe me, its yr -
end decline hurt just the same).
[All other holdings: Gains based on average stake size (as of year -
end 2014, adjusted for incremental buys / sells), and year -
end 2015
prices (
vs. year -
end 2014
prices, or original investment write - up
prices).
Meanwhile, I note KWG's cheaper P / B ratio, its near 30 % divergence in share
price performance (
vs. Conwert) since the
end of June, and most importantly its record of value creation in the past six years:
Spring Offers (Offer
prices will continue to be available until the 8th June) PAC - MAN Championship Edition DX --(was — # 7.99 / $ 9.99 now — # 3.99 / $ 4.99) Worms 2: Armageddon --(was — # 11.99 / $ 14.99 now — # 6.29 / $ 7.99) Worms 2: Armageddon Battle Pack --(was — # 3.19 / $ 3.99 now — # 1.99 / $ 2.49) Noby Noby Boy --(was — # 3.19 / $ 3.99 now — # 1.99 / $ 2.49) Invincible Tiger: The Legend of Han Tao --(was — # 9.99 / $ 12.99 now — # 3.99 / $ 4.99) PowerUp Forever --(was — # 6.29 / $ 7.99 now — # 2.39 / $ 2.99) Söldner - X: Himmelsstürmer --(was — # 6.29 / $ 7.99 now — # 3.99 / $ 4.99) Söldner - X 2: Final Prototype --(was — # 9.99 / $ 12.99 now — # 5.10 / $ 6.49) Blade Kitten --(was — # 7.19 / $ 8.99 now — # 3.99 / $ 4.99) Space Invaders: Infinity Gene --(was — # 7.99 / $ 9.99 now — # 3.99 / $ 4.99) Ferrari: The Race Experience --(was — # 11.99 / $ 14.99 now — # 5.49 / $ 6.99) Borderlands --(was — # 23.99 / $ 29.99 now — # 15.99 / $ 19.99) Watchmen: The
End is Nigh Part One --(was — # 12.99 / $ 16.99 now — # 7.19 / $ 8.99) Watchmen: The
End is Nigh Part Two --(was — # 12.99 / $ 16.99 now — # 7.19 / $ 8.99) Lara Croft and the Guardian of Light --(was — # 9.99 / $ 12.99 now — # 5.10 / $ 6.49) Blue Toad Murder Files Episode One --(now free) Blue Toad Murder Files: Season Upgrade --(was — # 8.99 / $ 11.25 now — # 7.19 / $ 8.99) Premier Manager --(was — # 13.99 / $ 17.99 now — # 7.19 / $ 8.99) HamsterBall --(was — # 7.99 / $ 9.99 now — # 3.99 / $ 4.99) Ricochet HD --(was — # 6.29 / $ 7.99 now — # 3.19 / $ 3.99) Assassin's Creed II --(was — # 23.99 / $ 29.99 now — # 17.49 / $ 21.99) Voodoo Dice (PS3 version)--(was — # 7.99 / $ 9.99 now — # 5.49 / $ 6.99) Cell Factor: Psychokinetic Wars --(was — # 7.99 / $ 9.99 now — # 5.49 / $ 6.99) Scott Pilgrim
vs. The World: The Game + Knives Chau Add - on Bundle --(# 7.99 / $ 9.99)
The thing is, back at the
end of 2013, the gap between the PS4 and Xbox One was fairly small — 4.3 million
vs. 3 million — and the gap could be explained away by the PS4's early launch, lower
price, and availability in more territories.