buffett's spec portfolio for 2011

re: buffett's spec portfolio for 2011 (buffett)
Forum: Short Term Trading (Back)
Post: 14104
Reply to: #14103 from DazzaHC Views: 61
Posted: 23/12/10 11:31 Sentiment: None Disclosure: Stock Held From: 117.53.xxx.xxx

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In one of my taxable trading entities I have decided to create a speculative portfolio with $100,000 which I will call Buffetts Spec Portfolio 2011.
The stocks I have selected whilst all speculative are stocks I hope to hold for 12 months to gain capital gains tax benefit. Please note all these stocks are speculative & high risk so no investment advice is given & everyone should do their own research on these stocks. To follow additions/changes to this portfolio just add to favourites.
Whilst I hope to hold for 12 months I am prepared to sell should circumstances change.
Portfolio:
1. Albion Ltd (ALB) key driver Nickel 140,000 at 14 cents $19,600 Total $19,707.80
2. WCP Resources Ltd (WCP) key driver Ian Middlemass 130,000 at 9 cents Total $11,782.50
Hope to have some more over the next few days



Regards
Buffett