Diary of a Private Investor

portfolio management

The Eighth Wonder of the World

The great Albert Einstein, allegedly, once said “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Conceptually, I have been aware of compounding for many years but in investing terms, I don’t think the penny truly dropped until recently. You see, I […]

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We are halfway there…

…let’s hope we’re not living on a prayer! Despite a poor June, I am pleased to report a first half portfolio gain of 24.54% versus a FTSE All Share (my benchmark index) gain of 3.33% which makes for a nice graph: From what I can make out, it seems that many other private investors have […]

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