Contributions of Individual Investments 2020

 

As promised, here are the contributions of each of 62 investments to our annual investment return. Of course, these numbers (in Australian Dollars) depend on the size of each investment and I don't make any attempt to work out or compile the annual rate of return on all these investments (I do compute it for some). 

Compared to last year, gold again is a top contributor and Hearts and Minds and Pershing Square Holdings are gain near the top. Cadence Capital had a turn around this year for the positive and Platinum Capital for the negative. The large super funds did OK but last year they were the two top contributors.

There were two big disasters this year. Winton Global ALpha had a terrible performance losing 18% and Virgin Australia bonds were almost totally wiped out in the airline's bankruptcy.

The total number of investments was smaller this year as we gradually ran off our individual bond holdings and traded much less.