Most of the time I just note the results based on completed trades, mark to market usually doesn’t change the standings much. But this month mark to market has a big impact on the standings as many of the previous leaders are taking big drawdowns this month that have knocked them out of the top 5. So here are the current mark to market results for December.

1. SMT metal portfolio +81%
2. SMT general portfolio +62%
3. Dennis G +53%
4. David C +49%
5. Tony R +40%

The discount will be good till year end.