Value Investing PRO Shut Down
Yes, the membership site I created has shut down after one month in business. Did the business fail? Far from it. I had a death in the family and I feel as a whole guerrilla has fallen on my back. Rather than offering a mediocre service and charge people for money, I have decided to shutdown the site. Below are some stats
- The site has 19 paying members and 3 free members
- Traffic averaged about 200 people a day coming through various sources
- VIP had 32 RSS subscribers
- The site ranked as high as 14 for the word” magic formula investing”. Which was not the word I was targeting
- The 19 paying members were acquired through FREE advertising. The advertising budget never reached $1
- Our Youtube Channel has 25 subscribers (http://www.youtube.com/user/valueinvestingpro)
Value Investing PRO Portfolio
I decided to build a Value Investing Portfolio from scratch as I felt it would be fun and would provide a true performance for the site. I purchased four stocks which I thought and still believe are bargains. Below are the four companies and their purchase price.
- Vaalco Energy (EGY)@ $4.25
- Pfizer (PFE)@ $14.65
- Jacobs Engineering Group (JEC) @ $38.39
- IMS Health Inc. (RX) @ $12.10
The one month performance doesn’t matter but basically it was flat. I believe all stocks are trading at or around there original purchase price and still have a valid thesis to support the original purchase thesis
My Thoughts on Value Investing Pro
I was honestly giving it my all to make sure I was giving my subscribers all the information I have compiled over the years. The results through one month far exceeded my expectations. I expected to have 20 subscribers by the end of one year, I achieved that in a little over one month. But unfortunately, I just could not continue. I have so many thoughts on my mind that its wearing me down emotionally, physically and why not, financially. I honestly loved updating the site and couldn’t wait to write my weekly commentary. I had so many things on my mind that i built up throughout the week that once Saturday morning came around, I grabbed a cup of coffee and pounded away at the keyboard. I already have a couple of subscribers e-mailing me back asking whether I will re-open in the future, I don’t know. I honestly haven’t thought about it.
Warren Buffett On Goldman Sachs
Seems like the whole world has forgotten about Warren Buffett’s investment in Goldman. Fox Business recently calculated a 40% return on its investment, or about a $2 billion profit, nice!!!
Warren Buffett Cartoon
I’m actually looking forward to this cartoon which teaches finances to kids. Maybe it would serve useful to adults as well. I know I certainly could of used some help. As an example, I didn’t know how to write a check til my senior year in high school and that’s because I was part of the high school’s JRTC program.
Mohnish’s 650K Lunch With Warren Buffett
Apparently, Mohnish has been on a tear since going on lunch with Warren Buffett. I thought this video was interesting.
Quick Story On Mohnish
I bought his book Mosaic for about $12. For some reason I didn’t like it and decided to resell it on Amazon for the same price. It currently sells on Amazon for $100. Ouch…
{ 2 comments… read them below or add one }
Alex you are a great guy stay confident and you will soon reach financial security
I have a web site where I research penny stocks and stocks under ten dollars. I am a astute value investor. I don’t know if a lot of investors are aware of this but warren buffett has stated many times that the type of stocks that berkshire hathaway invests in today will not diliver the same kinds of returns that berkshire hathaway dilivered when the holding company was very small the reason for this is because berkshire hathaway has tens of billions of dollars to invest it is limited to large cap and mega cap stocks large cap and mega cap stocks do not generally produce very large returns unlike small and mid cap stocks stocks that were far more numerous in the berkshire hathaway portfolio in years past.