2020 Performance: 225%
2021 Performance: 30%
Cumulative Performance 1/1/2020 - 5/22/2022: 74%
Though it sounds like a wild ride for the fellow, that’s 26.0%/year compounded for 2.39 years.
For comparison, Berkshire has managed 14.1%/year in the same stretch.
I’m not sure what lesson to draw. A bubble is a terrible thing to waste?
Jim