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| Subject: Re: Financial update first quarter 2009 | Date: 4/26/2009 3:51 PM | |
| Author: mjs111 | Number: 4737 of 4981 | |
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Our overall economic position is up 6% for the quarter (24% nnualized!) You're actually doing better than you thought. You forgot to take into effect the power of compounding! :) 6% in a quarter annualized taking into effect compounding: 1.06^4 = 26% CAGR All in jest though. Who knows what will happen next quarter? Mike |
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