4 ms·
Not sure whether this meets your "definition of a tool" but I started tracking my investments publicly a couple of years ago here https://docs.google.com/sprea
by mrjivraj 5y ago
Not sure whether this meets your "definition of a tool" but I started tracking my investments publicly a couple of years ago here
https://docs.google.com/spreadsheets/d/1tBrZEMFK9XNWxiqOxE8oiEp9ctPMU9DAgerltYHGVeg/edit#gid=1660889064 https://docs.google.com/spreadsheets/d/1tBrZEMFK9XNWxiqOxE8o...
The GoogleFinance Function has been a great way to help me "visualize progress" in a very different way compared to default visualizations provided by stock brokers
I have also tried to keep track of analytics more manually but hope to find some time to automate later (if you wanna help, lmk :)).
Basic metrics like the following:
Hit Rate: % of investments that had a profit /
Loss Rate: % of investments that had a loss /
Size of Avg Winner /
Size of Avg Loser /
Expected Value of Investments /
Win to Loss Ratio /
Avg Holding Period /
Opportunity cost analysis (eg: what is the stock price say 12-24 months after I sell?)
These basic things would help the individual investor get a lot more insight than they can easily get today.
- hentrep 5y agoThis is really neat. Love how you’ve segmented separate portfolios based on risk/investment hypotheses. Thanks for sharing!
- mrjivraj 5y agoThanks. Yes, I believe that many investors are in a hurry to concentrate their investments. I prefer taking a large number of bets with high upside potential, thereby getting the benefits of diversification but also a decent expected value.
- oezi 5y agoAre you updating it as you invest or irregularly? Last investment seems to be from April.
- mrjivraj 5y agoYeah, I tend to update regularly, usually within a few days unless i am super busy for some reason. But since these are meant to be held for a minimum of three years, so a few day difference doesn't matter much. The last one is actually from June, not April.