Hi to all, here's an update for the month of April:
STI, 31 December 2009: 2,897.62
STI, 30 April 2010: 2,974.61
Profit/Loss
Virtual Portfolio: +10.26%
Market Average: +2.66%
Although the virtual portfolio has outperformed the market average for four consecutive months, it it still too short a period to warrant any reliable conclusion with regards to the soundness of the common stock selection principles practised here. Nevertheless, sound principles have consistently produced generally sound results and hence the intelligent investor must assume that they will continue to do so.
Saturday, May 01, 2010
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