Well, I am up a rather nondescript 5.79% this year, paying the price for a much too cautious attitude, particularly in May when I should have seized opportunities rather than retreated to cash. I also thought we would see a correction after the US elections but of course we rallied on!
Next year I will be investing in three funds: wilkie_hk Recovery, Aleman Special Situations and Gateside Fund of Funds! Seriously, well done you guys… if I can manage half next year of what you achieved in 2006, I’ll be very happy.
A final word for fh… if I remember correctly you were over 30% down and reduced this to a single figure loss at one stage? In my view that’s a great effort as it takes a lot of nerve to turn around a losing portfolio, particularly when there is always the possibility of Mr Market making things worse!
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