In absolute term; Uncle8888's investment portfolio total return on 11 Oct 2007 is 145% and on 29 Jun 2015 is 148%
Does the two absolute number of 145% and 148% look same and okay?
It is how absolute number says it loud and clear!
145% and 148%!
SMOL: Trust but Verify!
From Jan 2000 to 11 Oct 2007, the relative return in CAGR is 12.2%; but from Jan 2000 to 29 Jun 2015, CAGR is just 8.1%
Still same? Still okay?
When somebody tells you their Absolute Return. You should ask them for their Relative Return e.g. CAGR too.
When somebody tells you their Relative Return e.g. CAGR. You should ask them for their Absolute Return too.
Trust but Verify!
Posts
:)
ReplyDeleteCould be true!
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