Here we go again. Beleggerscompetitie 2014 is the Belgian investing competition, it starts today and you can win a Hyundai. You can follow me here on the katchum account.
Last year I was last place, betting on gold mining stocks and shorting the market. This time I think I’ll be a bit higher betting on the same, namely gold mining stocks and shorting the market, I hope…
On the Belgian Investors Competition, I’m still standing on last place. But let’s take a look at the top 10.
We see a lot of the leads stay in the top ten. What do they have in their portfolio?
1) Maarten Janssens: short stocks, Royal Imtech
2) pmanager: ING, long stocks
3) Diddenboyke: short gold, Barco, Adidas, Total, GDF Suez
4) Nicolas812: Gold Fields, long gold, Harmony, short stocks
5) Ghost: China, long stocks, L’oreal, Aegon
6) Yamayoze: short stocks, Gold Fields, Commerzbank
7) DRACHE: Long Stocks, long gold
8) Iduardo: Short stocks, long gold,
9) Freak of Nature: short stocks
10) MasterBrokerT: Gold Fields, Short Stocks
Interesting development. Almost everyone is long gold? And Gold Fields is very attractive by every competitor as they have it all in their portfolio.
On the Belgian Investors Competition, I’m still standing on last place with my dreaded declining gold and gold mining stocks. But let’s take a look at the top 10.
It looks like Diddenboyke has held his position rather nicely.
1) tompau: long stocks, France Telecom, Air Liquide
2) pmanager: ING, long stocks
3) Diddenboyke: short gold, Barco, Adidas, Total, GDF Suez
4) DRACHE: Barco, Heineken, long stocks
5) Maarten Janssens: short stocks, Bekaert
6) Freak of Nature: short gold
7) Yamayoze: Gold Fields, Umicore, long stocks, Commerzbank
8) Bouchez: Gold Fields, Harmony, short stocks, Arcelormittal
9) Rover45: short stocks
10) Lapitop: ING, sipef, short stocks
As a summary we see that people aren’t sure if we should be long or short stocks. What is sure is that you should be short gold apparently.
France Telecom, which I recommended in the previous update here, is being held by “tompau” and could be a winner here. It is interesting to see that someone is holding Sipef, which I also hold in my (real) portfolio.
It’s a pretty embarrassing accomplishment for anyone to be almost last place in a competition, namely 22698th. It’s all attributed to the decline in precious metals.
All of the top 10, except Nass, have lost their position, because they were long gold.
Here is the new list of top 10:
1) Diddenboyke: Short Gold, Adidas, GDF Suez, Total, Umicore
2) BOSSIE BAS: Short Gold, Credit Agricole, KBC, Nyrstar
3) Fanskb: Short Gold, BNP Paribas, Nyrstar, AXA
4) Remi261: Short Gold, Long Banks
5) tbourrie: Long Gold, China, Russia, ArcelorMittal, Ageas
6) DINAMO7626: RHJ International
7) Chovidio: Short Gold, Long Emerging Markets, Nyrstar, Air Liquide
8) Insomnia: Short Gold, Credit Agricole, Umicore, KBC, BASF, ArcelorMittal
9) Nass: France Telecom, Lafarge, AXA
10) Camul: Short Europe, Shell, Solvay
Looks like most of them are short gold and long banks. Very interesting stock among these is France Telecom. Marc Faber suggested that we should buy European Telecom Stocks. Maybe this is one you should look at.
We are one week further in the investors competition and I already dropped to position 20000 with my emerging market stocks and turbo gold which is dropping. You can follow me at “katchum“, but following my positions seems not to be a good idea lately…
A lot of the investors from the previous week have dropped out of the top 10 too with the exception of VanLooy, Fidelski and Houtten.
1) Nass: Credit Agricole, Harmony, Infineon
2) VanLooy: Ageas, Commerzbank, gold, ING
3) gdelabassee: banks, Harmony, Inbev, Siemens, gold
4) Houtten: long stocks, Belgacom, GDF Suez, PostNL
5) Drache: long stocks, Heineken, Kinepolis
6) Dr Evil: long stocks
7) Fidelski: Umicore, Gold fields, gold, Japan, BASF
8) KVK1: Banks, Umicore, China
9) driesbe: China, Russia, stocks, K+S, Deutsche telecom
10) jpah: Societe general, gold, Michelin, Mobistar
It looks like everyone is bullish on banks now, still holding gold and Umicore seems to have a special place because it has dropped a lot lately.
Keep your eyes on VanLooy, Houtten and Fidelski.
Correlation Economics (Backup) 