投資人如何不貪不懼不猶豫不後悔的一張藍圖
領悟10年1劍複利投資
領悟好行業好公司及早投資
04 自律型投資人的典範：對照一下投資績效，你就知道Lou Simpson進入投資界的名人堂幾乎是十拿九穩的事。
思考：
Return from
Year GEICO Equities S&P Return Relative Results
1980 ........................ 23.7% 32.3% (8.6%)
1981 ........................ 5.4% (5.0%) 10.4%
1982 ........................ 45.8% 21.4% 24.4%
1983 ........................ 36.0% 22.4% 13.6%
1984 ........................ 21.8% 6.1% 15.7%
1985 ........................ 45.8% 31.6% 14.2%
1986 ........................ 38.7% 18.6% 20.1%
1987 ........................ (10.0%) 5.1% (15.1%)
1988 ........................ 30.0% 16.6% 13.4%
1989 ......................... 36.1% 31.7% 4.4%
1990 ........................ (9.9%) (3.1%) (6.8%)
1991 ........................ 56.5% 30.5% 26.0%
1992 ........................ 10.8% 7.6% 3.2%
1993 ........................ 4.6% 10.1% (5.5%)
1994 ........................ 13.4% 1.3% 12.1%
1995 ........................ 39.8% 37.6% 2.2%
1996 ........................ 29.2% 23.0% 6.2%
1997 ........................ 24.6% 33.4% (8.8%)
1998 ........................ 18.6% 28.6% (10.0%)
1999 ........................ 7.2% 21.0% (13.8%)
2000 ........................ 20.9% (9.1%) 30.0%
2001 ........................ 5.2% (11.9%) 17.1%
2002 ........................ (8.1%) (22.1%) 14.0%
2003 ........................ 38.3% 28.7% 9.6%
2004 ......................... 16.9% 10.9% 6.0%
Average Annual Gain 1980-2004 20.3% 13.5% 6.8%
留言列表
