All very well beating the NZX and it’s own benchmark but ......
.......did it beat the BPI (beagle performance index) being how much beagle made without KFL in the portfolio
Might have dragged down your overall returns - ie diversification had a cost ...
....or worse still outperformed the BPI which means you need to pull your socks up . .....and list let KFL do it all for you.
LOL - Kingfish somewhat underperformed the BPI but between them, Barramundi and Marlin they add such a HUGE amount of diversity to my portfolio and cut down the workload so much I am a very happy investor.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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