Portfolio Performance Quotes

“To acquire an asset at greater cost than value is simply unwise.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“All stakeholders should benefit from the capital we allocate in our portfolio, on a net value add basis.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“Being net value adders puts us better positioned for long-term growth and longevity – because in the long term, capital flows to net value adders.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“Since business is an exchange of value, with the greatest profits afforded to the businesses that add the most value most additionally – being a net value adder positions us to achieve the greatest ROI.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“It is imperative to acquire assets at a financial cost that is less than their value. Timing the purchase based on changes in the marketplace or other factors may present great opportunity to widen the margin between cost and value.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“Money managers tend to make irrational decisions just to protect their calendar year performances, even if they believe that decision is not in the best interest of investors.”
― Naved Abdali

“Annual performance means nothing to individual investors.”
― Naved Abdali

“The correct period to judge performance is from a market peak to another peak or at least to the next all-time high.”
― Naved Abdali

“Individual investors have significant advantages over professional money managers. Retail investors, like you and I, have nobody to report. We have no benchmark to beat and have no fear of capital flight. There are no quarter and year ends, and performance is not linked to calendars.”
― Naved Abdali

“Professional money managers are worried about their annual results and may take irrational decisions to protect their performance record. Individual investors have
nobody to report, and yearly performance does not mean anything to them.”
― Naved Abdali

“It is a misconception that diversification will magically reduce the losses. It cannot be far from the truth. Diversification does not reduce losses but provides a weighted average return of your portfolio.”
― Naved Abdali