Hi everyone! š
Will get down to some updates to the portfolio later on in this post & in the comments but wanted to start off with something else.
One thing that Iāve literally never heard anyone talk about in investing (possible Iām just in the wrong circles & reading the wrong stuff) is the time spent working/returns ratio.
People often talk about the fact that theyāve beaten X index but if the $NSDQ100 has returned 20% over the last 10 years (which I believe it has) and youāve beaten it, itās not always as good as it seems, depending on your account size & how much time youāve spent researching the companies you invest in.
I just signed up for a newsletter where the creator claims to have read an annual report āback to backā every day for the last 10 years and has, by investing in tech stocks, returned 22% compounded over the last 10 years.
Obviously I donāt know his account size (and donāt believe his claim about reading an annual report each day anyway) but to me, even assuming heās working 9-5 researching companies, this seems like a huge waste of time.
Letās assume heās a rich retail investor and his account size is $100k. If heād have bought eh Nasdaq (compounding at ~20% a year) and forgot the password to his account heād have made ~$620,000 over the 10 years.
Now, heās actually been compounding at 22%, so has made ~$730k over the 10 years ā a $110k difference. But he also claims to have been researching stocks full time & reading an annual report every day during that period. Meaning heās effectively been working a full time job for $11,000 a year, not that great.
I think the āmake your money work for youā thing is way overdone nowadays, but there is some truth to it. If youāre working full time and spending dozens of hours a week researching the things youāre investing in to earn 1% extra a year, assuming your account size isnāt in the millions of dollars, youāre likely not spending your time very well.
Of course, you can break this down further. Maybe the enjoyment you get from research outweighs the relatively low returns to time spent ratio, or youāre learning in the hope that in a few years time the research youāre doing will help you beat the market, which is all possible.
I just think thereās far too many people that go on about the fact theyāve beaten an index, whilst theyāve been working 40 hours a week to do so ā I would hope youāve beaten it if itās your full time job, and I would hope you have a large account to make it worthwhile. Thatās ignoring the fact that very few people will have even beaten the Nasdaq over the last 10 years.
This doesnāt really apply if youāre giving your money to someone else to manage which I suppose is part of the attraction of giving money to an invetsment manager & the PI program to copiers and gets around the issue (assuming the manager is beating most indices over the long term). The above is more just a general observation that doesn't get brought up often enough imho.
To help you calculate your money made per hour, I vibe-coded a little site so you can check, obviously the time spent will be your own estimate but itās just a bit of fun.
Iām also not sure the numbers of the other assets it mentions are 100% accurate but, ironically, I just donāt have the time today to totally verify them š
www.moneyperhourinvesting.com/... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
š Portfolio Update - March 12, 2026
Now onto some news from stocks in our portfolio.
š Xiaomi Goes Into Overdrive
Today is a big one for $1810.HK (Xiaomi Corp) Reports from the factory floor in Beijing reveal that the next-generation SU7 electric sedan is entering its final sprint, with reporters... Show More
Sounds nice, but it misses a critical point. Active selection isn't just about chasing an extra 2% return, it's primarily about downside protection.
Following an index is efficient as long as the market is climbing, but youāre forced to own the overvalued laggards and the bubbles as well. The... Show More
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