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Archive of entries posted on 1st August 2017

Salutary lessons from long-term funds

This is the performance of a private equity fund I own a little of. Click on the chart if you can’t see all of it. Click to come back. After ten years, the fund’s value is now 1.55 times what we put in, which means it has averaged 4.48% a year in its 10 year […]