At the end of 2012 1Q, my portfolio stands at 1.35 NAV, representing a profit (unrealised) of 35%.

Overview of Portfolio:

First off, I am back to posting after my long exam break. And what a roller coaster ride 1Q 2012 has been! If our memories serve us correctly, it was not long during the latter half of 2011 that the entire market was weighted on heavy pessimism. People were anticipating the catastrophic outcome of a battered euro zone. Over at US, prospects were not very optimistic as markets seemed to be sulking at the persistently high unemployment claims. Even at the far east of the globe, the main topic over China economy was the debate of a soft or hard landing. Yet as the famous (or infamous) rule of thumb saying, when 10 out of 10 are pessimistic about the market, it’s probably ready to bottom out and signals ...