Nov 2007 Report
 

 

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Performance since start of reporting

Monthly Report 

1st November 2007  –  30th November  2007

 

 
Another very good month, returning +16.83%.   My turnover for the month was the highest ever, yet my maximum leverage never exceeded about 4 times.  

Looking at the equity curve in relation to the two daily % return charts you can clearly see that my daily volatility is much higher when things are going well.   This month my daily volatility rose to around +/- 1.5 or 2%, although looking back to earlier months this figure has been closer to +/- 3 or 4%.    From my perspective this means there is 'plenty more fuel in the tank', but it's an area one can only go if things are really firing.   All good and exciting stuff!

Otherwise, it's been a very interesting month.   On the funds management side, we have just commenced looking for our first significant tranche of managed account capital, and to this end are now on a number of the significant hedge fund databases.    In addition, I never seem to run out of programming tasks!

 

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