{"id":90,"date":"2006-01-01T11:00:05","date_gmt":"2006-01-01T15:00:05","guid":{"rendered":"https:\/\/stockherd.com\/moosepond\/?p=90"},"modified":"2010-02-15T12:17:00","modified_gmt":"2010-02-15T16:17:00","slug":"performance-for-2005","status":"publish","type":"post","link":"https:\/\/stockherd.com\/moosepond\/2006\/01\/01\/performance-for-2005\/","title":{"rendered":"Performance for 2005"},"content":{"rendered":"

Given the amount of effort that went into research and analysis this
\nyear, the results for 2005 were a little disappointing.  On a
\ncash flow basis, we finished with a very small gain.  While
\nthat is better than losing money, we did not beat either the
\nS&P 500 or the Russell 2000.  They were up 4.9% and
\n4.6% respectively.  On a positive note, we have soundly beaten
\nthe S&P 500 over the past five years and we are almost even
\nwith the Russell 2000.<\/p>\n

The table and chart below show the annual return for Moose Pond
\nInvestors over the past five years.  The “Stocks
\nOnly” column only shows the return of the stocks we
\nheld.  The next column, “Stocks &
\nCash,” includes cash awaiting investment and monthly
\nbrokerage fees.  As a result, the return is slightly
\nlower.  As our portfolio holdings grow larger, cash on the
\nsidelines and fees will have less of an impact on overall portfolio
\nreturn.  <\/p>\n

\n<\/p>\n\n\n <\/td>\n\n
Stocks
\nOnly
\n <\/strong><\/div>\n<\/td>\n\n
Stocks
\n& Cash
\n <\/strong><\/div>\n<\/td>\n\n
S&P 500<\/strong><\/div>\n<\/td>\n\n
Russell 2000<\/strong><\/div>\n<\/td>\n\n
Unit
\nValue
\n <\/strong><\/div>\n<\/td>\n<\/tr>\n\n2005<\/span><\/td>\n0.3%<\/td>\n0.1%<\/td>\n4.9%<\/td>\n4.6%<\/td>\n$13.097<\/td>\n<\/tr>\n\n2004<\/strong><\/td>\n\n
16.1%<\/div>\n<\/td>\n\n
13.8%<\/div>\n<\/td>\n\n
10.9%<\/div>\n<\/td>\n\n
17.0%<\/div>\n<\/td>\n\n
$13.256<\/div>\n<\/td>\n<\/tr>\n\n2003<\/strong><\/td>\n\n
35.1%<\/div>\n<\/td>\n\n
23.1%<\/div>\n<\/td>\n\n
28.7%<\/div>\n<\/td>\n\n
47.3%<\/div>\n<\/td>\n\n
$11.802<\/div>\n<\/td>\n<\/tr>\n\n2002<\/strong><\/td>\n\n
-23.4%<\/div>\n<\/td>\n\n
-19.1%<\/div>\n<\/td>\n\n
-22.1%<\/div>\n<\/td>\n\n
-20.5%<\/div>\n<\/td>\n\n
$9.707<\/div>\n<\/td>\n<\/tr>\n\n2001<\/strong><\/td>\n\n
37.9%<\/div>\n<\/td>\n\n
13.8%<\/div>\n<\/td>\n\n
-11.9%<\/div>\n<\/td>\n\n
2.5%<\/div>\n<\/td>\n\n
$11.970<\/div>\n<\/td>\n<\/tr>\n\n3-year<\/td>\n10.4%<\/td>\n9.3%<\/td>\n12.4%<\/td>\n22.1%<\/td>\n<\/td>\n<\/tr>\n\n5-year<\/strong><\/td>\n8.1%<\/td>\n7.1%<\/td>\n0.5%<\/td>\n8.2%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

 
\n
\nThe annual returns for Moose Pond Investors are calculated using
\ninternal rate of return (IRR).  This method is more precise
\nbecause it
\nlooks at actual cash flows.  It better accounts for partner
\ninvestments
\nand market fluctuations throughout the year.  We could have
\ncalculated
\nannual return using the change in unit value from year to
\nyear. 
\nHowever, we opted for the more accurate IRR method.  <\/p>\n

The two
\nindices that we have been using for comparison, the S&P 500 and
\nRussell 2000, show the total return for each year including
\ndividends. 
\nThese return calculations do not take into account the actual cash
\nflows for Moose Pond Investors. <\/p>\n","protected":false},"excerpt":{"rendered":"

Given the amount of effort that went into research and analysis this year, the results for 2005 were a little disappointing.  On a cash flow basis, we finished with a very small gain.  While that is better than losing money, we did not beat either the S&P 500 or the Russell 2000.  They were up […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_jetpack_memberships_contains_paid_content":false,"_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/posts\/90"}],"collection":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/comments?post=90"}],"version-history":[{"count":2,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/posts\/90\/revisions"}],"predecessor-version":[{"id":416,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/posts\/90\/revisions\/416"}],"wp:attachment":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/media?parent=90"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/categories?post=90"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/tags?post=90"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}