We passed an important milestone this week. The original capital used to start EGP has now been doubled before fees (but after costs).
Monthly Archives: July 2015
We are in the midst of what the financial media like to refer to as ‘confession season’, where companies are supposed to announce that they will fall short of market expectations.
I have talked often in these pages of the psychological elements of investing.
We are a small fund, with only 40 investors, but these investors never fail to impress me with their abilities. We have Doctors, Professors, Business Owners, Consultants and other persons employed across a wide variety of industries. They mostly leave me to do my work with their capital and I rarely hear from them, but when I do it is invariably a valuable contribution.
The financial year ended well for EGP. The widest performance margin we registered in all of FY2015 over our benchmark was set on 30 June 2015.