QUOTE(xuzen @ Sep 23 2016, 10:47 AM)
To YKLooi,
Good man, creative accounting is just fantasy created by yourself to syiok sendiri. Why do I say this?
Since it is your own money, it is no others, no matter how creative you are, at the end of the day if your put RM 100K in, and you get RM 100K + (whatever gain or loss) in whatever period that you track, your should use that number. Be truthful to yourself and act accordingly.
If you engage creative accounting, there is a real danger that you can be deluded by the numbers. That is, if you perpetuate a lie to often your brain may have the danger to believe it to be true.... that is why I say delusion.
Creative accounting therefore is an exercise of much ado over nothing, it does not bring any value but have danger to cause delusion.
Xuzen

yes...for shiok sendiri....in the end it is my total investment history of performance.....
but these words hold truth too....
from j.passing.by
If I were you
(with inital bad purchases and dismay IRR), I would look more into the year-to-year growth. If the yearly growth for the past recent years are satisfactory, then be happy with it - as this shows that you are on the right track.
from Dasecret....
Anyway, I think pink boss does his 12 months rolling returns to consider current CAGR i
nstead of keep going back to the dark times and not see any improvements in the IRR. Perhaps you can do that too
b'cos of past dismayed performance... no amount of good balanced portfolio can helps to alleviate the IRR.
which may lead to NOT focusing and rewarding the current performers...and taking non sensible risk....
if i don't monitor the "past" bad investment results, will looking at the Y-O-Y better?
ex...MAS has a history of under performances....should one take into the whole history from day 1 or should one judge the "new" current mgmt from inception?