Here Are the WORST Calls of 2014

by Jeff Reeves | July 3, 2014 9:19 am

Well, it’s the midway point of the year, and that means coming clean on just how ugly my track record has been in 2014.

quarterly review and outlook[1]I don’t keep a formal percentage gained/lost tally on my calls, but I do try to regularly recap what I got right and wrong when I tell investors to buy or sell a stock. Thankfully, the market has had a good tailwind this year and has made most of my calls look pretty good.

However, my worst calls were ones where I bet against picks that not only rode the rally, but actually outperformed. That goes to show the danger of missed opportunities that can weigh on your portfolio just as much as bad investments that underperform.

I did get some big calls right, too … but nobody likes a braggart. So let’s start with my worst calls first.

And if you’re wondering why I’m publicly airing these bad calls, the reason is simple: Doing this because the exercise reminds me of just how flawed I am as an investor, and that I have to work constantly to improve and overcome my biases. I also choose to do this publicly in the hope that it will remind others of their selfsame shortcomings.

So without further ado, my best and worst calls (so far!) of 2014 on InvestorPlace include:

My Bad Calls

My Good Calls

Jeff Reeves[40] is the editor of and the author of The Frugal Investor’s Guide to Finding Great Stocks[41]. As of this writing, he personally owned a stake in both GRPN and YNDX but no other securities mentioned here. Write him at[42] or follow him on Twitter at @JeffReevesIP[43].

  1. [Image]:
  2. On Jan. 17:
  3. FB: /stock-quotes/FB-stock-quote/
  4. should be sold:
  5. AAPL: /stock-quotes/AAPL-stock-quote/
  6. not a buy:
  7. On Feb. 10:
  8. FSLR: /stock-quotes/FSLR-stock-quote/
  9. TAN: /stock-quotes/TAN-stock-quote/
  10. Feb. 27:
  11. JCP: /stock-quotes/JCP-stock-quote/
  12. YNDX: /stock-quotes/YNDX-stock-quote/
  13. albeit aggressive:
  14. couldn’t give up my bearish position on Apple:
  15. CLF: /stock-quotes/CLF-stock-quote/
  16. sell call:
  17. On Jan. 7:
  18. IBM: /stock-quotes/IBM-stock-quote/
  19. HPQ: /stock-quotes/HPQ-stock-quote/
  20. CAT: /stock-quotes/CAT-stock-quote/
  21. recovery and a strong future:
  22. YHOO: /stock-quotes/YHOO-stock-quote/
  23. allowed for a special dividend payment:
  24. 5 high-yield tech stocks to buy:
  25. INTC: /stock-quotes/INTC-stock-quote/
  26. buy enterprise tech:
  27. CSCO: /stock-quotes/CSCO-stock-quote/
  28. “crash-proof” investments:
  29. PNRA: /stock-quotes/PNRA-stock-quote/
  30. the worst wasn’t over yet:
  31. GWPH: /stock-quotes/GWPH-stock-quote/
  32. best among a risky crowd of marijuana stocks:
  33. penny stocks:
  34. On April 28:
  35. TWTR: /stock-quotes/TWTR-stock-quote/
  36. YELP: /stock-quotes/YELP-stock-quote/
  37. bargain buy:
  38. GRPN: /stock-quotes/GRPN-stock-quote/
  39. a bargain buy:
  40. Jeff Reeves:
  41. The Frugal Investor’s Guide to Finding Great Stocks:
  43. @JeffReevesIP:

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