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TECK - Taking Stock Of 2019: Idea Performance And Thesis Updates
Teck Resources Ltd
It's close enough to year-end to check in on how the ideas I've presented during the year have performed, and to update where we stand on the various theses presented. The below table summarizes the overall performance of each idea since publishing, along with benchmark performance, and alpha (outperformance vs. the benchmark). Note, this is on a gross basis (ignoring stock borrow and divs), so these are not an exact replica of would-be trading performance, but close enough for an examination of the accuracy of my recommendations and idea hit rate.