Perfomance Q1 2017:
In Q1 2017, the blog portfolio gained +9,03% (including dividends, no taxes) against 7,77% for the Benchmark (Eurostoxx50 (Perf.Ind) (25%), Eurostoxx small 200 (25%), DAX (30%), MDAX (20%)). Since inception, the score is now +156,8% vs. 74,7% for the benchmark. The full details (and graph) as always on the performance page.
Some other funds that I follow have performed as follows in Q1 2017:
Partners Fund TGV: +10,88%
Squad European Convictions +8,81%
Ennismore European Smaller Cos 2,04% (in EUR)
Frankfurter Aktienfonds für Stiftungen +5,06%
Evermore Global Value +7,03%
Greiff Special Situation +4,13%
Flight Centre, the Australian based travel company is a company which is on 2 to do lists of mine: The Australian list as well the travel series list. By chance I discovered that there is a book about Flight Centre. I decided to kick-off the analysis with this book review as part 1 of a Flight Centre analysis.
The book covers the complete story of Flight Centre and its founders from the start in 1973 until 2013 and was written by an “insider”, a former employee who worked as head of the UK operations.