Up 71%, End of year Portfolio Update (Jan 26)

A fantastic year

We closed out the year as follows:

• Peter Lynch Plus portfolio: 23.4% YTD

• Inverted Nick Sleep portfolio: 117.9% YTD

That means an overall capital appreciation of just shy of 71%.

That outperformance is related to building conviction in high-quality microcap companies and being willing to look worldwide.

But most of all, that outperformance is a result of some…