Tolugt Mod er godt aa hava. Naar du tunge Verk maa gjera Tru du maa, at Retten vinner, Tidt mot Straumen fær du kava, og fær Vantakk heim aa bera, naar han rette Tidi finner; um din Rett er nog so god. tak det tolugt og ver god. men han trenger Verja god, Ymist fær du sjaa og høyra, Fær du vera med i Reidsla og det verder langt aa bida; som er ilt i Syn og Øyra; og fær inkje godt av Veitsla, mang ein Harm du fyrst maa lida. tak det alt med tolugt Mod. tak det alt med tolugt Mod. Berre hav eit tolugt Mod.
Disclosure:
I own many of the companies mentioned on this web page. The writing is my
own, and it expresses my own opinions at the time of writing.
Additional disclosure:
Not investment advice. You must take full responsibility yourself if you
make any decisions based on what you read on this web page.
Investment returns
These are the returns of my investment portfolio, updated on Oct 4 2024. Returns are measured against average equity. For comparison of returns, I use an index consisting of 50% OSEBX and 50% S&P500. The index return is adjusted to return over average equity, to be comparable with my portfolio returns on average equity.
| Returns | Equity Core & Cyclicals | Equity Diversified | Portfolio | Index | Difference | ||
|---|---|---|---|---|---|---|---|
| Return | Weight | Return | Weight | Return | Return | Return | |
| Average 2013-2024 | 17.6% | 5.9% | 15.2% | 11.5% | 3.7% | ||
| 2024 YTD | 20.6% | 63.2% | 13.2% | 25.3% | 18.5% | 14.5% | 4.0% |
| 2023 | 20.5% | 59.4% | 33.6% | 32.7% | 23.8% | 34.0% | -10.1% |
| 2022 | -5.9% | 63.6% | -57.3% | 31.4% | -24.7% | -20.3% | -4.5% |
| 2021 | 20.4% | 61.2% | -7.8% | 40.5% | 9.5% | 22.3% | -12.8% |
| 2020 | 13.1% | 62.8% | 63.1% | 36.2% | 27.4% | 9.7% | 17.6% |
| 2019 | 30.7% | 81.6% | 22.7% | 18.3% | 30.8% | 20.2% | 10.6% |
| 2018 | -0.8% | 98.7% | -2.9% | 15.7% | -1.6% | -4.1% | 2.5% |
| 2017 | 8.0% | 86.8% | 3.6% | 13.3% | 7.3% | 17.6% | -10.3% |
| 2016 | 26.8% | 84.8% | -24.8% | 11.2% | 18.2% | 10.2% | 8.0% |
| 2015 | 22.3% | 79.8% | 21.8% | 21.3% | 22.3% | 2.5% | 19.8% |
| 2014 | 24.0% | 83.6% | -4.8% | 16.5% | 21.1% | 7.8% | 13.3% |
| 2013 | 30.9% | 99.3% | 29.6% | 23.4% | 6.2% | ||