Below you will find documentation of my returns from September 26, 2003 to January 27, 2006. During this period I turned $45,721 into $6,845,342 – a 14,972% 28-month personal portfolio return. A vast majority of my gains were made by investing in what I describe in my book as INSIDER BUY SUPERSTOCKS.
Let me remind you that this 28-month period cannot be compared to the once-in-a-lifetime internet bubble of the late 90’s when it seemed like EVERYONE was achieving unheard of stock market returns.
A traditional CPA attestation could not be performed due to the industry requirement to verify trades directly with the broker. My initial trades in 2003 were through TD Waterhouse which no longer exists. The new entity- TD Ameritrade does not maintain TD Waterhouse records from 2003.
In light of this, rather than just make a bold claim about my returns, I have posted supporting brokerage, capital gains, and IRS documentation from this period. Although I tried to be as accurate as possible, I certainly could be off by a slight margin at the beginning and/or end of the period being examined.
If any members of the media would like to verify these numbers, feel free to contact me at email@example.com. I would be more than willing to sit down and log into my TD Ameritrade account with you over a beer.
ANNUAL CAPITAL GAINS
-2004 realized capital gains (TD Ameritrade Gainskeeper) of $466,892 can be viewed here
-2005 realized capital gains (TD Ameritrade Gainskeeper) of $4,318,564 can be viewed here.
-2006 realized capital gains (TD Ameritrade Gainskeeper) of $1,371,736* can be viewed here
*Note: As you will see in my monthly statements, from year-end 2005 until the end of January 2006, my account increased from $4,392,182 to $6,381,348- a one-month gain of $1,989,165.
-To summarize, the January, 2006 1 month gain of $1,989,165 + $25,000 funds dispersed (see 1/27/06 statement) = $2,014,165 + 2005’s gain of $4,318,564 + 2004’s gain of $466,892 totals $6,799,621 in total gains from where I began ($45,721) in October, 2003. In the end, $45,721 was turned into $6,845,342 over 28 months. The resulting return was 14,972%.
-Note: During this period, in addition to living expenses, $145,456 was withdrawn to pay taxes. All income during this period came solely from stock sales, dividends, or interest. Outside of a $25,000 deposit on 10/01/2003, there were no deposits or incoming stock transfers into my Ameritrade account during this period.
INTERNAL REVENUE SERVICE ADJUSTED GROSS INCOME (A), TAXABLE INCOME, AND TAXES PAID:
-2003 IRS here
-2004 IRS here
-2005 IRS here
-2006 IRS here
MONTHLY BROKERAGE STATEMENTS
Here is a list of my Ameritrade/TD Ameritrade monthly statements from September 2003 until January 2006 in chronological order. As I detail in my book, you will see that I occasionally established large position sizes based upon the Kelly Criterion. You will also see considerable drawdowns followed by gigantic portfolio gains.
An analysis of how I calculated the starting capital of $45,721 can be found here.