Yawn - you go ahead snd do it your way then, and I will continue to do it my way as I have over the decades when comparing performances of stocks - one vs another, and stock vs the overall market or sector.
And that’s how funds do it as well when they report to unit holders.
Kia ora Balance. One more time (since you are always ready to learn and admit your mistakes).
Feihe Sp has gone up 151% since Jan 2020 - (nearly) TRUE
vs
ATM down 41% over the same period - (nearly) TRUE
=
192% difference in performance. - COMPLETELY FALSE
Last edited by davflaws; 30-03-2021 at 09:14 AM.
Reason: Courtesy and respectful discourse
Selling almost all of my ATM shares to get back into SKO has certainly been a great decision so far. And I won't sell my stake as easily as I did when Covid hit again.
Wonder if Jardens will embrace this valuation and push ATM into their clients' portfolios!
Jarden cant get their maths right in recent article on NZ Herald they claimed NZ markets up 15 % from Jan 2020 till March 2021 ...My foot ...Jan 2020 high was 11900 and March 2021 low was 12085 ...its close to 1.5 % ...they just got their decimal wrong
In 2020 we saw capital markets oscillate between unequivocal fear - with days of 12 per cent swings in share prices - to a period of irrational exuberance as markets rallied more than 50 per cent in record time. Fast-forward to March 2021; New Zealand has a market up 15 per cent since pre-Covid January 2020, and up by more than 20 per cent in the US despite the economic damage Covid-19 has caused.
So far ATM went down -12% from sell price and SKO appreciated +16%. It's a considerate amount let alone the nerves I'm saving from not reading the threads here and on HC for ATM anymore (well at least until this morning when I got bored).
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Originally Posted by Balance
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