Happy new year to all sharehub readers! I hope you all had a good break and are feeling refreshed and ready for another stonking year ahead.
2016 proved to be an astonishing year and not only in stock performance but world changing events. The illuminati or ‘those in power’ got a right royal kickin up the derrieres. The year started with a stark warning from many of the ‘casino bankers’. The experts and highly paid analysts/economists at RBS said…
“Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel” END. The message was to ‘sell everything’.
11 months later the DOW Jones hit all-time record highs followed by the FTSE100. Well done RBS and co!
Then came the stark warnings ahead of Brexit… The BoE Governor delivered a very sharp warning to all voters. If you vote YES, then you are sending the UK economy into the abyss. George Osborne was not short of warning either. The chancellor predicted a possible 25%+ drop in UK property. These ‘leaders’ and ‘experts’ were of course correct to highlight the risks but none saw it fit to highlight the more positive outcomes. In fact, considering these are the men behind the brains of the UK economy, they couldn’t possibly be wrong could they? Well, they were wrong and spectacularly wrong. So wrong that one has to question their ability and credentials in the first place. Of course, there is a chance that they may have over egged the negative outcomes with the intention to scaremonger and coax british voters into remaining in the UK. But that’s speculative chatter of course.
In summary, from RBS analysts, to hedge fund guru’s like Crispin Odey to Mr Carney, to Mr Osborne and eventually to Clinton and co…. they all took a proper kicking in 2016. It was the year that exposed the ‘brains’ behind business and politics to be little more than ‘guess men’ and ‘chancers’. Lesson’s have been learned and the future will be quite different from here on. 2016 will go down as the true ‘curtain lifter’ on those in power. Clueless, arrogant and disconnected is the best I do without reverting to more colourful language. Just how could they get it so wrong?! And Mr Carney… why are you still running the Bank of England!
Hotlist 2016 Results Summary:
No great surprises in the running order from the last update 2 weeks ago.
The SHAREHUB 2016 Hotlist is crowned the run-away winner with a whopping 123%+ gain. The Independent newspaper picks made a strong come back from 10% down to finish 10.5% up. And in the wooden spoon position, the Daily Mail tips picked by industry ‘experts’ came in with a modest 5% gain against a broader FTSE100 growth rate of 20%.
The SHAREHUB top ten delivered 4 multi-baggers. Some 2 bagged, some 3 bagged and some even 4 bagged. Astonishing performance especially when you account for the total wipe out on XEL.
Whilst 2015 was a poor year it was very much dictated by PoO and Saudi sentiments. It paid well to stick with some poor performers from 2015. But not all stocks looked in shape for recovery. And that’s why it’s healthy to have a clear out and bring in some new blood from time to time. It worked in 2016 and the same applies to 2017. Some of the 2016 picks will feature in 2017 and some will not. All will be revealed later today when the Hotlist picks for 2017 are announced.
2016 FINAL RESULTS: