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The Mystery is Over!

Mark and the rest of you will be glad to hear that the club I mentioned yesterday has agreed to let me share more information about them.

The club is the Investment Disciples from the state of Washington.

It turns out that QPRR is not the only contest where they've done well. They recently placed third in a portfolio contest run by the Puget Sound Chapter of Better Investing.

They were nice enough to share this article they wrote for that chapter's newsletter. It's a great story about the many ways that being a member of an investment club enriches your life.

Investment Disciples

They also agreed I could share their impressive QPRR results that I mentioned yesterday.

I think you'll agree they have earned a round of applause!

Laurie Frederiksen
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Good Job Investment Disciples. We are not too far behind you. We have had a lot of people who had to leave the club in the last two years which has thrown us off track. We are getting back on track now.

John Rice
ABODI Investment Club







On Thursday, April 30, 2015 6:07 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:


Mark and the rest of you will be glad to hear that the club I mentioned yesterday has agreed to let me share more information about them. 
The club is the Investment Disciples from the state of Washington.
It turns out that QPRR is not the only contest where they've done well.  They recently placed third in a portfolio contest run by the Puget Sound Chapter of Better Investing. 
They were nice enough to share this article they wrote for that chapter's newsletter.  It's a great story about the many ways that being a member of an investment club enriches your life.
They also agreed I could share their impressive QPRR results that I mentioned yesterday.
I think you'll agree they have earned a round of applause!
Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend!  www.facebook.com/bivio
Follow us on twitter!  www.twitter.com/bivio
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Laurie - It would be very interesting to see a graph of how the various clubs have done over say the last 5 years showing the persistence of positive relative returns. (Peter Piper picked...) That would prove whether or not the club disciple adds alpha.

Mark Eckman

On Thu, Apr 30, 2015 at 10:21 AM, John Rice <rice.j1969@att.net> wrote:
Good Job Investment Disciples. We are not too far behind you. We have had a lot of people who had to leave the club in the last two years which has thrown us off track. We are getting back on track now.

John Rice
ABODI Investment Club







On Thursday, April 30, 2015 6:07 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:


Mark and the rest of you will be glad to hear that the club I mentioned yesterday has agreed to let me share more information about them.
The club is the Investment Disciples from the state of Washington.
It turns out that QPRR is not the only contest where they've done well. They recently placed third in a portfolio contest run by the Puget Sound Chapter of Better Investing.
They were nice enough to share this article they wrote for that chapter's newsletter. It's a great story about the many ways that being a member of an investment club enriches your life.
They also agreed I could share their impressive QPRR results that I mentioned yesterday.
I think you'll agree they have earned a round of applause!
Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe



Hi Mark,

I'm not sure exactly what you are asking for. Can you clarify a bit further?

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe



On Thu, Apr 30, 2015 at 11:51 AM, Mark Eckman <mark2459@gmail.com> wrote:
Laurie - It would be very interesting to see a graph of how the various clubs have done over say the last 5 years showing the persistence of positive relative returns. (Peter Piper picked...) That would prove whether or not the club disciple adds alpha.

Mark Eckman

On Thu, Apr 30, 2015 at 10:21 AM, John Rice <rice.j1969@att.net> wrote:
Good Job Investment Disciples. We are not too far behind you. We have had a lot of people who had to leave the club in the last two years which has thrown us off track. We are getting back on track now.

John Rice
ABODI Investment Club







On Thursday, April 30, 2015 6:07 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:


Mark and the rest of you will be glad to hear that the club I mentioned yesterday has agreed to let me share more information about them.
The club is the Investment Disciples from the state of Washington.
It turns out that QPRR is not the only contest where they've done well. They recently placed third in a portfolio contest run by the Puget Sound Chapter of Better Investing.
They were nice enough to share this article they wrote for that chapter's newsletter. It's a great story about the many ways that being a member of an investment club enriches your life.
They also agreed I could share their impressive QPRR results that I mentioned yesterday.
I think you'll agree they have earned a round of applause!
Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe




Laurie,

Can you get the AIRR for these numbers for each year?

Bob
On Apr 30, 2015, at 12:00 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:

Hi Mark,

I'm not sure exactly what you are asking for.  Can you clarify a bit further?

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend!  www.facebook.com/bivio
Follow us on twitter!  www.twitter.com/bivio
Follow Us on Google+

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On Thu, Apr 30, 2015 at 11:51 AM, Mark Eckman <mark2459@gmail.com> wrote:
Laurie - It would be very interesting to see a graph of how the various clubs have done over say the last 5 years showing the persistence of positive relative returns. (Peter Piper picked...) That would prove whether or not the club disciple adds alpha.

Mark Eckman

On Thu, Apr 30, 2015 at 10:21 AM, John Rice <rice.j1969@att.net> wrote:
Good Job Investment Disciples. We are not too far behind you. We have had a lot of people who had to leave the club in the last two years which has thrown us off track. We are getting back on track now.

John Rice
ABODI Investment Club







On Thursday, April 30, 2015 6:07 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:


Mark and the rest of you will be glad to hear that the club I mentioned yesterday has agreed to let me share more information about them. 
The club is the Investment Disciples from the state of Washington.
It turns out that QPRR is not the only contest where they've done well.  They recently placed third in a portfolio contest run by the Puget Sound Chapter of Better Investing. 
They were nice enough to share this article they wrote for that chapter's newsletter.  It's a great story about the many ways that being a member of an investment club enriches your life.
They also agreed I could share their impressive QPRR results that I mentioned yesterday.
<Investment_Disciples.png>
I think you'll agree they have earned a round of applause!
Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend!  www.facebook.com/bivio
Follow us on twitter!  www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list.  Click here to  Unsubscribe





Sure. We both know there are clubs that have good relative results and not so good relative results each quarter. But a longitudinal study might show do the same clubs continue to outperform or is it always a new group? A club that persistently has better relative returns would be one to watch while one that persistently has bad relative returns might want to study the others.

The simplest measure would count the number of positive relative returns in 60 months less the number of negative relative returns in 60 months. The clubs with the highest score are very persistent and those with the lowest score should ask what do those high score clubs do that low score clubs do not.

Now, if you want more, plot those persistency scores for each club on a scatter plot with persistence and total return over the period, or size, or how long the club has been around or sunspot activity to find the secret to their persistence. I doubt it's sunspots.


On Thu, Apr 30, 2015 at 11:00 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:

Hi Mark,

I'm not sure exactly what you are asking for. Can you clarify a bit further?

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe



On Thu, Apr 30, 2015 at 11:51 AM, Mark Eckman <mark2459@gmail.com> wrote:
Laurie - It would be very interesting to see a graph of how the various clubs have done over say the last 5 years showing the persistence of positive relative returns. (Peter Piper picked...) That would prove whether or not the club disciple adds alpha.

Mark Eckman

Hi Mark,

I'm still not quite clear what you'd want to see. This club has persistently had good relative return results. In fact for each 1 year period since 4/1/2010, most have their annual relative returns calculations are positive.

This is very rare.

We award green smileys to clubs that earn 4 yellow smileys. You have to have 4, 1 year periods with positive relative returns to even get a yellow smiley. So you have to have 12 1 year periods with positive relative returns to get a green one. We also do a quick records verification before awarding the green ones.

I think the clubs with the most green smileys are the ones we have something to learn from.

We do plot each clubs relative returns against the average club relative returns on the QPRR page. That tells a club whether they are doing better at beating the index than the other clubs involved in QPRR.

I'm not sure we need more displays of information as much as we need to be focusing on the reasons the clubs that do well are successful. That is why I reached out to this club to talk a bit about their operations.

We've done Dashboard Diagnostics sessions with other clubs in the past to help provide further insight also. We'll try and do more of this going forward.

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
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Hi Bob,

I'm not sure what you are asking for when you ask:

"Can you get the AIRR for these numbers for each year?"

You can easily generate AIRR numbers for your club using the Performance Benchmark report.

If you're interested in something else, just let me know a little more detail about what you'd like to see.

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
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On Thu, Apr 30, 2015 at 1:23 PM, Robert Shaw via bivio.com wrote:
Laurie,

Can you get the AIRR for these numbers for each year?

Bob
:


























I believe we are saying much the same thing, but you have focused on 1 club at a time. I'm looking for a way to compare the clubs. You have all the data, just subtract the negative months from the positive months and you have the score for each club. Rank them, chart them or however, compare them to understand what is average and what is good.

On Thu, Apr 30, 2015 at 2:23 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:

Hi Mark,

I'm still not quite clear what you'd want to see. This club has persistently had good relative return results. In fact for each 1 year period since 4/1/2010, most have their annual relative returns calculations are positive.

This is very rare.

We award green smileys to clubs that earn 4 yellow smileys. You have to have 4, 1 year periods with positive relative returns to even get a yellow smiley. So you have to have 12 1 year periods with positive relative returns to get a green one. We also do a quick records verification before awarding the green ones.

I think the clubs with the most green smileys are the ones we have something to learn from.

We do plot each clubs relative returns against the average club relative returns on the QPRR page. That tells a club whether they are doing better at beating the index than the other clubs involved in QPRR.

I'm not sure we need more displays of information as much as we need to be focusing on the reasons the clubs that do well are successful. That is why I reached out to this club to talk a bit about their operations.

We've done Dashboard Diagnostics sessions with other clubs in the past to help provide further insight also. We'll try and do more of this going forward.

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe









It's true, I'm sure there is more we can do with the data. We'll work on that.

In the meantime, you may also find this graph interesting. It shows the average, min and max relative returns for all of the clubs participating. As you can imagine from a population that is focused on learning to invest, there is quite a bit of variability in results.





Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe



On Thu, Apr 30, 2015 at 5:18 PM, Mark Eckman <mark2459@gmail.com> wrote:
I believe we are saying much the same thing, but you have focused on 1 club at a time. I'm looking for a way to compare the clubs. You have all the data, just subtract the negative months from the positive months and you have the score for each club. Rank them, chart them or however, compare them to understand what is average and what is good.

On Thu, Apr 30, 2015 at 2:23 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:

Hi Mark,

I'm still not quite clear what you'd want to see. This club has persistently had good relative return results. In fact for each 1 year period since 4/1/2010, most have their annual relative returns calculations are positive.

This is very rare.

We award green smileys to clubs that earn 4 yellow smileys. You have to have 4, 1 year periods with positive relative returns to even get a yellow smiley. So you have to have 12 1 year periods with positive relative returns to get a green one. We also do a quick records verification before awarding the green ones.

I think the clubs with the most green smileys are the ones we have something to learn from.

We do plot each clubs relative returns against the average club relative returns on the QPRR page. That tells a club whether they are doing better at beating the index than the other clubs involved in QPRR.

I'm not sure we need more displays of information as much as we need to be focusing on the reasons the clubs that do well are successful. That is why I reached out to this club to talk a bit about their operations.

We've done Dashboard Diagnostics sessions with other clubs in the past to help provide further insight also. We'll try and do more of this going forward.

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe










Look at the chart for March 2010 (if I read it right). The highest return (90%) was also when the lowest return was (75%). Did the highest club short the stocks that the lowest club owned?*:) happy

John



On Thursday, April 30, 2015 2:29 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:


It's true,  I'm sure there is more we can do with the data.  We'll work on that. 

In the meantime,  you may also find this graph interesting.  It shows the average, min and max relative returns for all of the clubs participating.  As you can imagine from a population that is focused on learning to invest, there is quite a bit of variability in results.





Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend!  www.facebook.com/bivio
Follow us on twitter!  www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list.  Click here to  Unsubscribe


On Thu, Apr 30, 2015 at 5:18 PM, Mark Eckman <mark2459@gmail.com> wrote:
I believe we are saying much the same thing, but you have focused on 1 club at a time.  I'm looking for a way to compare the clubs.  You have all the data, just subtract the negative months from the positive months and you have the score for each club.  Rank them, chart them or however, compare them to understand what is average and what is good.

On Thu, Apr 30, 2015 at 2:23 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:
Hi Mark,
I'm still not quite clear what you'd want to see.  This club has persistently had good relative return results.  In fact for each 1 year period since 4/1/2010,  most have their annual relative returns calculations are positive. 
This is very rare.
We award green smileys to clubs that earn 4 yellow smileys.  You have to have 4, 1 year periods with positive relative returns to even get a yellow smiley.  So you have to have 12 1 year periods with positive relative returns to get a green one.  We also do a quick records verification before awarding the green ones.
I think the clubs with the most green smileys are the ones we have something to learn from. 
We do plot each clubs relative returns against the average club relative returns on the QPRR page.  That tells a club whether they are doing better at beating the index than the other clubs involved in QPRR.
I'm not sure we need more displays of information as much as we need to be focusing on the reasons the clubs that do well are successful.  That is why I reached out to this club to talk a bit about their operations.
We've done Dashboard Diagnostics sessions with other clubs in the past to help provide further insight also.  We'll try and do more of this going forward.
Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend!  www.facebook.com/bivio
Follow us on twitter!  www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list.  Click here to  Unsubscribe