The World Is Not Enough

Life has been hectic lately, wonderfully so. Therefore, this financial year wrap will be short and sweet… or maybe sour.

The Fusion Fund trounced the market in the 2014 financial year, doubling the market’s return of 17 percent with a stonking 34 percent return. I should feel marvelous about the result, but as the title of this post suggests I’m disappointed. I should have tripled and could have quadrupled the market return, but I let both my emotions and greed get the better of me.

Fortunately investing is a life long pursuit. That means even slow learners like me who make the same mistake more than once may yet triumph. Yes doubling the market this year is wonderful. As is quadrupling the compounded market return of 35.8 percent with a 154.7 percent return over the last 6 years. But what I really want is to make the right decisions.

It sounds so simple doesn’t it? All I want to do is make the right decisions. I don’t mean that I want the outcomes to be good, thought that is always nice. I simply wish to go to sleep at night knowing that I made good sound decisions. For now I’ll settle for market trouncing performance despite making some poor decisions, but I sure won’t be smiling about it!

Fusion Fund Performance vs all ords accum

 

fusion fund performance 2014-06

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