Thought I would cobble together a spreadsheet with all trading ideas that I have. This is a fantasy portfolio, as in real life I buy and hold forever, but I am keen to see how badly I underperform a "hold in cash" strategy. As can be seen from the second tab, I have a pool of £100m to invest, and there are numerous simplifications. I have given links on most of the ideas to blog posts where I have done some further analysis with the exception of GM and Starbucks. I have monitored GM for about three years

http://www.noelwatson.com/blog/PermaLink,guid,a5cd0517-0d1c-41e6-9bfc-f379327afb93.aspx

and think that its time may be up. Starbucks is one of the names I think will suffer with people less willing to spend on non-essential items.

Rule clarification

• Mid prices: Only if bid/ask is small. For example, when I bought protection on the UK, I was quoted 58/68 (I haggled my source down by 1bps), so I booked this at 67bps.
• Cash doesn't earn interest: Encourage to keep fully invested
• Max trade 10mm: This is a guide, but encourages not to bet all money on a few trades

I will update whenever I add/close/amend trades. One trade that I will place is to sell protection on the ITRAXX Eur when the first default occurs (either in Europe or XOver). Oil is also looking tempting to go long.