First half 2019
My paper record for the first half of 2019 looks poor. For the global portfolio, the paper record falls behind the S&P 500 (GBP, net including dividends) by 5.8% as our top 2 largest holdings underperformed the S&P 500: Alphabet and Berkshire. My thoughts are that owning exceptional companies with awesome return on tangible capital,… Continue reading First half 2019