Friday, March 19, 2010
Portfolio records update
Just realized that I've not updated Genting purchase record. Did some comparisons with my private portfolio and found that Turtle portfolio underpeformed significantly. Putting up a portfolio for the whole world to see is very different, a slight mistake will be perceived as a "public canning". While this Turtle portfolio did not lose any money but I still feel it has not performed to its fullest potential, now I know that why most portfolio managers will feel that as long as they deliver the funds result okay, they have done their job and not necessary stretching its to the fullest. Looking for a fund manager that is not fearful of public critism and yet to be able to deliver long term superior result is not easy.