It has been few days since new year started. It's time to take stock of performance of 2015 recommendations and come up with some new recommendations for 2016. As I mentioned in my previous blog, 2015 has been bad - really bad. Overall portfolio performance was minus 10%. Only 3 winners and 12 losers. Best winner was SRPT (up by 240%) and worst was LNCO (down by 88%). Nothing to be proud of except the fact that my inspiration in this field Mr Buffet was also down by 10-11%. Time to forget 2015 and look forward to 2016. Even 2016 started with turbulence in markets with first two days markets being down significantly due to various factors - main being China. However IMO, this provides great opportunity for taking some positions. So here are my 16 recommendations for 2016 - most of them are concentrated again in Solar, Energy and Biotech. Biotech: BLUE ($62), CMRX ($9), CLVS ($32), FOLD ($9), PTCT ($29) Solar: SUNE ($5.5), TERP ($11.50) Energy: OIL ($6.10), CHK-PD ($19), LNCO (
Commentary about markets and investment ideas and some random thoughts!