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Author: mjs111 Big red star, 1000 posts Feste Award Nominee! Old School Fool Coverage Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5069  
Subject: Re: Financial update first quarter 2009 Date: 4/26/2009 3:51 PM
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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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