Monday, December 19, 2011

Diary: NJWO

About a year ago, I selected a portfolio of shares based on the idea of choosing a PER <15, and "well capitalised" according to Ben Graham. It returned +0.5% over the year, compared with FTAS of -4.4%. Far short of "outstanding", although I guess I shouldn't grumble because it did beat the index by nearly 5%. You can see the entire thread over on Motley Fool.

I'm disinclined to repeat the experiment.

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