7-31-16 Comments

Watchlists are updated.
Half of the stocks in my watchlist report earnings this coming week, so caution is warranted. So far, the long side is working well. I own ACIA, GIMO, BANC, PLAY, MDVN, and EW. ACIA and GIMO are up 39% and 36%. I own no short positions.

One of the ways that I learned to hold stocks longer pertains to travel and my laptop. When I would go on vacation or business trip, I would load my current portfolio into my laptop. I would then operate from that platform until I returned a few days or weeks later. I then would transfer the portfolio monitoring back to my desktop. My laptop would sit for maybe a month or two when I would open it again. It was always the case that the dormant portfolio in my laptop had more gains than my real portfolio; this told me that I was over trading. The larger portfolio increase occurred even if one of my stocks crashed. The other stock gains compensated for the loss.

So, a longer-term investor was born.