No way ... they are hugely open and show you, warts and all, what is happening. Just check on the website for the returns on the portfolios in Aus and here. I have had one portfolio that I share with 2 others that has been running for 6 years and is giving a return of 19+%. I have another that was started at the worst possible time in August 2007 - just before the GFC - yet that is giving me a compound annual return of 15% which I am very happy with. the JSE Public Portfolio which is run on behalf of Members has grown from R350,000 in March 2003 and it is now standing at R1,781,936.62. Which means a compound annual return of 23.20%. And you can check every trade if you like - nothing is hidden or secret. So I'm happy.
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