Thursday, May 03, 2007

Portfolio Update

I haven’t done this for awhile, but here’s an update of my current holdings in my non retirement account. As you can see, it’s still heavily weighted towards the life sciences sector. My favorite holding right now is MasterCard (Ticker: MA), which just demolished everyone’s numbers. This one has a long ways to go on the upside and is a global growth story. In the US you can go anywhere and they will accept credit card, but if you travel to Asia you better carry cash since many places do not accept credit card. I would buy more MasterCard on any pullback. I’m a firm believer in the buy and hold strategy. If you want a multi bagger, you need a strong conviction or else you will get shaken out of a multi bagger. All my multi baggers were buy and hold.

Ticker % of Portfolio% Return
Amgen (AMGN) 4.60% -16.67%
Apple Corp (AAPL) 2.3% +6.36%
Biogen Idec (BIIB) 3.39% -16.15%
Genentech (DNA) 4.50% -3.69%
Genzyme (GENZ) 51.56% +279.04%
Invitrogen (IVGN) 3.66% +320.61%
MasterCard (MA) 3.13% +25.76%
Melco PBL (MPEL) 0.65% -18.93%
Microsoft (MSFT) 1.25% -21.12%
NYMEX (NMX) 0.88% -10.78%
Qiagen (QGEN) 15.97% +374.93%
Pfizer (PFE) 5.38% -5.14%
Sears (SHLD) 2.73%+7.52%



At May 14, 2007, Anonymous Anonymous said...


Recently I came across Volcano(VOLC) I was wondering what is your take on this stock?

Also, do you have an opinion on Abaxis (ABAX)?

At May 15, 2007, Blogger Money Turtle said...

I like Volcano long term; it’s a leader in its niche. Right now is a good entry point. There’s a rotation into the large caps right now so small stocks like Volcano might lag a bit.

I don't follow Abaxis, but I'll let you know when I get a chance to check out the company.

At August 08, 2007, Anonymous Anonymous said...

Hi, I love your blog. I have a question, this gain, how long did it take you to achieve this gain? Thanks -- Irina

At August 08, 2007, Blogger Money Turtle said...

Hi Irina,

Thanks for checking out my blog. I've been investing for 10+ years. The unrealized gain is not a good performance measure. It's more of a measure in tax efficiency. It's just my long term positions in which I haven't taken profits. When I have some time, I'll generate an annual % return.


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