Performance

This blog reflects the research and holdings of my personal portfolio. I aim to invest my modest savings over the next 30+ years. I started managing my portfolio actively in December 2007-- and that was just months after I read the Intelligent Investor.

This is my record since that period, broken up by year.

As of Dec 31,     Portfolio %Chg      S&P Total Return

2008             -27.01%           -37.00%
2009              67.43%            26.46%
2010              79.89%            15.06%
2011               1.66%             2.05%
2012              39.31%            16.00%
2013              36.06%            31.90%
2014              26.85%            13.69%

And here are the performance numbers on an annualized basis:

Notes: (1) The portfolio reflects the fair value of securities as of end of last business day of the year. They represent the highest bid available, which may grossly underestimate the last traded price in case of some securities with very high bid/ask spreads. (2) Over time, the portfolio will suffer or benefit from non-market events such as cash redemptions or windfalls. (3) I use the S&P500 as the benchmark, even though I have large exposure to Canada. S&P TSX wouldn't be a good benchmark because it is overweight with commodity based businesses, which doesn't reflect the portfolio mix. (4) The portfolio is tracked in Canadian dollars, even though it is composed with a mixture of US and Canadian securities. (5) The portfolio performance is post capital gains taxes.