Wednesday, October 10, 2007

Current Status

Pre-Apprentice Position
7/30
Cash B$ 0.954 trillion
Ideas B$ 1.37 trillion
Invested B$ 2.769 trillion

8/30 (just before starting apprenticeship)
Cash B$ 2.26 trillion (136% growth, primarily funded by chip sales)
Ideas B$ 1.80 trillion (31% growth)
Invested B$ 2.97 trillion (7.3% growth, limited by non-premium status)

One of the key ideas here is that one must bet big to win big. To achieve that, large positions (> B$ 500B) in a few industries are required.

8/30 (after starting)
Cash B$ 0.66 trillion
Ideas B$ 6.40 trillion
Invested B$ 0

9/6 (1 week)
Cash B$ 0.76 trillion (15% growth)
Ideas B$ 8.68 trillion (35.6% growth - already beating my previous month and just getting started)

9/13 (2 weeks)
Cash B$ 0.34 trillion (-50% )
Ideas B$ 11.43 trillion (78.5% growth - more than double previous month)

9/20 (3 weeks)
Cash B$ 0.796 trillion (20% )
Ideas B$ 12.69 trillion (98.3% growth - more than triple previous month)

9/27 (4 weeks)
Cash B$ 1.465 trillion (122% )
Ideas B$ 11.32 trillion (76.9% growth - slipped due to attacks on several industries)

10/5 (5 weeks)
Cash B$ 1.416 trillion (115% )
Ideas B$ 13.39 trillion (109% growth - recovering from attacks)

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