FY-2018: What The Market Gods Giveth, They Also Taketh Away… | Value Investing News

FY-2018: What The Market Gods Giveth, They Also Taketh Away…

  • Instead, this performance – as alarming as it may seem – reflects the overall European market, European banks, disappointment with Irish property REITs’ performance, and other lingering (large) company-specific issues.
  • Nearly five years later, I’ve suffered a 46% loss on my original Zamano investment .
  • In 2017, I enjoyed a real barnstormer , in terms of both my relative & absolute return – i.e. my +26.3% portfolio gain was two & half times my +10.7% benchmark return.
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