Updates
23 Mar 2020 - Well, I'm back! I've spent the last 3 years or so trying to be a climber. Clearly, I was not born for it, but it has been an immense joy learning so many new skills. 3 years older, maybe not wiser, but the body is definitely worse for the wear. When I get the time, I'll post some pictures but for now excitement and danger abounds. The markets are very treacherous now, so please be careful. I'll leave you with one from memory lane. John Train's Twelve Choruses of a Market Cycle
15 Nov 2016 - And our final NAV is out. The NAV for Oct 2016 is $1663.433, up 0.2% for the month, and flat for the year. Our final CAGR, since inception, is 7.4%. We started (the fund) in turbulent times and it seems we end in tumultuous times. I wish everyone the best. Remember: Health over Wealth!
24 Oct 2016 - The NAV for Sep 2016 was $1660.858, down 0.1% for the month and up 1.7% for the quarter. I've posted the 3Q16 newsletter. In a nutshell: We've had a great 7 years, but running a fund is not fun anymore, with all the aggravations of compliance. We've decided to close the fund effective end October 2016.
15 Sep 2016 - The NAV for June 2016, July 2016 and Aug 2016 was $1633.609, $1654.712, $1662.018 respectively. The month over month increase was -2.2%, 1.3% and 0.4% respectively. The 2Q16 newsletter is attached. The Fund was up 2.6% for the quarter.
23 Jun 2016 - The NAV for May 2016 was $1670.413. an increase of 1.2% for the month.
13 May 2016 - The NAV for April 2016 was $1650.285. an increase of 3.6% for the month.
13 Apr 2016 - The NAV for March 2016 was $1592.678, up 1.2% for the month. The Fund is down 4.3% for the quarter. The 1Q16 newsletter is out.
8 Mar 2016 - The NAV for Feburary 2016 was $1574.104, down 1.7% for the month.
16 Feb 2016 - The NAV for January 2016 was $1601.306, a decrease of 3.8% for the month.
16 Feb 2016 - Would Buffett and Munger have bought Coca Cola in 1988 if a sugar tax existed back then? It's just one person's observation, but hardly anyone drank fizzy drinks this Chinese New Year!
25 Jan 2016 - The NAV for December 2015 was $1664.095, down 0.4% for the month. The Fund was up 2.7% for the quarter, and 4.6% for the year. The 4Q15 newsletter is out.