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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (29492)12/30/2007 9:29:27 AM
From: Dale Baker  Read Replies (2) of 78743
 
Cramer ran a hedge fund, which has to be audited and send out statements to clients at least once a year, any one of which could disprove an exaggerated claim. That said, I have no doubt that much of those gains came from hedge fund tricks and illiquid stuff, plus Cramer's spouse.

I don't have an auditor but my portfolio has been on SI for ten full years now. My spreadsheet tells me the compounded return is 28.77% as of today. That included a couple of ridiculously fat years in 1999 and 2003 and one small losing year (-7%)in 2002. No idea if it's sustainable over another ten years.
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