Over the 20-year period that ended 31 March 2016, the GIC Portfolio generated an annualised real1 return of 4.0% (Figure 1) above global inflation. In nominal USD2 terms, the portfolio generated an annualised return of 5.7% over the 20 years that ended 31 March 2016. This means that US$100 invested with GIC in 1996 would have grown to US$303 today.
CW8888 One-Man Gang vs. GIC Army of Investment Experts
Ant vs. Elephant.
Still OK lah!
CW,
ReplyDeletePeter Lynch is the smartest because he was in the golden years and know when to exit his career. The period when you are in is important also lar!
By the way, also not fair to compare our return to GIC in % because when your portfolio is so huge it is more difficult to manage to get the respectable returns. There is also rules related to funds in buy and sell, but just like retail people, suka suka can buy and sell in small.
Ha Ha.. This is also true. So many "Gurus" teaching Warren method.
Deletewah uncle list got longer. I see david tepper liao.
ReplyDeleteWhen we see how the World's best result and will make us think of reality what we can really achieve as retail investors.
Delete4 to 5% CAGR over decades is not bad liao.