I thought I told you. You people just don't know to read the important points or have no idea about numbers.
The index went up by 13% on a pure cap gain perspective. I Beat the index by 1%.
Taking dividends into account less costs - I got 19.4%.
Therefore, I beat all your superfunds by miles as those returns gross returns (ie don't take costs into account). Once they take their costs into account your 19.03% will drop like a led balloon.
And for the fool who just thinks these returns are like buying FMG and holding onto them - this is not a stock pickers game. This is a portfolio game. If I have to give you some of my stock pick returns they are over 100%. But you CANNOT make money in this game year in year out stock picking and becoming lucky. Otherwise the whole industry out there will buy FMG and go to sleep. This game is about one's methodology. That is, just like the Casino has a methodology of always winning and being ahead, you must have a similar methodology to make money in the stock market. Otherwise you are just a punter who will blow your money over time.
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Just did my annual return, page-33
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