Offshore
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App Economy Insights
📊 This Week in Visuals:
🚚 FedEx $FDX
🍪 General Mills $GIS
🫒 Darden Restaurants $DRI
⚽️ Manchester United $MANU
https://t.co/GIVt4zfkMP
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📊 This Week in Visuals:
🚚 FedEx $FDX
🍪 General Mills $GIS
🫒 Darden Restaurants $DRI
⚽️ Manchester United $MANU
https://t.co/GIVt4zfkMP
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Offshore
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Quiver Quantitative
JUST IN: Senator Kristen Gillibrand has proposed a new bill that would ban Congress, the Supreme Court, the President, the VP, and their immediate families from holding or trading individual stocks. https://t.co/D1kp45Ez4N
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JUST IN: Senator Kristen Gillibrand has proposed a new bill that would ban Congress, the Supreme Court, the President, the VP, and their immediate families from holding or trading individual stocks. https://t.co/D1kp45Ez4N
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Offshore
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Investing visuals
Is my portfolio up 33%, 42%, 44%… or 57%?
It depends.
Why there is more to portfolio performance then meets the eye:
• Money-weighted rate of return (MWRR)
• Absolute return
• Exchange rates
• Other factors
Let’s break it down using my own portfolio as an example 👇
1 – What is MWRR?
It measures how your portfolio actually performed based on when you added or withdrew money. In other words, it factors in the timing of your investments. It includes:
• How much money you invested
• When you invested it
• When you withdrew money
If you’re tracking your portfolio, MWRR gives a more realistic picture of how you did, rather than just how the market or a stock performed.
In my case, the YTD performance of my portfolio based on MWRR is +32.84%. Now let’s check absolute returns.
2 – What are absolute returns?
They show how much your portfolio has grown or shrunk in total, without factoring in time or benchmarks.
• Simple: just the total % gain or loss
• Ignores time: 1 month or 10 years doesn’t matter
• Great for seeing profit/loss in a straightforward way.
Based on absolute returns, my portfolio performance is +42.30%.
3 – Exchange rates
An exchange rate tells you how much one currency is worth in another. This matters a lot if you invest in stocks that trade in a foreign currency.
If your local currency weakens vs. foreign → returns increase.
If your local currency strengthens vs. foreign → returns decrease.
My portfolio is Euro-based, but the majority of my holdings are in USD. Because the dollar weakened vs. the euro this year, it had a significant negative effect:
🔻 –11.73% based on MWRR
🔻 –14.58% in absolute returns
4 – Other factors
Dividends, transaction costs, and broker fees also impact results. There’s more to performance than meets the eye, right?
Conclusion
Always be critical when presented with performance updates. Personally, I prefer MWRR since it reflects the most realistic view. So, for my portfolio:
• +33% factors in timing (+44% excluding FX)
• +42% is simple gain/loss (+57% excluding FX)
Thanks for reading, I hope you found this helpful!
Cheers 🙏
tweet
Is my portfolio up 33%, 42%, 44%… or 57%?
It depends.
Why there is more to portfolio performance then meets the eye:
• Money-weighted rate of return (MWRR)
• Absolute return
• Exchange rates
• Other factors
Let’s break it down using my own portfolio as an example 👇
1 – What is MWRR?
It measures how your portfolio actually performed based on when you added or withdrew money. In other words, it factors in the timing of your investments. It includes:
• How much money you invested
• When you invested it
• When you withdrew money
If you’re tracking your portfolio, MWRR gives a more realistic picture of how you did, rather than just how the market or a stock performed.
In my case, the YTD performance of my portfolio based on MWRR is +32.84%. Now let’s check absolute returns.
2 – What are absolute returns?
They show how much your portfolio has grown or shrunk in total, without factoring in time or benchmarks.
• Simple: just the total % gain or loss
• Ignores time: 1 month or 10 years doesn’t matter
• Great for seeing profit/loss in a straightforward way.
Based on absolute returns, my portfolio performance is +42.30%.
3 – Exchange rates
An exchange rate tells you how much one currency is worth in another. This matters a lot if you invest in stocks that trade in a foreign currency.
If your local currency weakens vs. foreign → returns increase.
If your local currency strengthens vs. foreign → returns decrease.
My portfolio is Euro-based, but the majority of my holdings are in USD. Because the dollar weakened vs. the euro this year, it had a significant negative effect:
🔻 –11.73% based on MWRR
🔻 –14.58% in absolute returns
4 – Other factors
Dividends, transaction costs, and broker fees also impact results. There’s more to performance than meets the eye, right?
Conclusion
Always be critical when presented with performance updates. Personally, I prefer MWRR since it reflects the most realistic view. So, for my portfolio:
• +33% factors in timing (+44% excluding FX)
• +42% is simple gain/loss (+57% excluding FX)
Thanks for reading, I hope you found this helpful!
Cheers 🙏
tweet
Offshore
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App Economy Insights
🗓️ What are you watching this week?
• Tuesday: $MU
• Thursday: $ACN $COST
All visualized in our newsletter. https://t.co/v9AQTtVcpD
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🗓️ What are you watching this week?
• Tuesday: $MU
• Thursday: $ACN $COST
All visualized in our newsletter. https://t.co/v9AQTtVcpD
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Offshore
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Umesh
One workspace, many image models, faster ads!
Adobe Firefly Boards can help you save a lot of time making creative ads using integrated models like ChatGPT, nano-banana, Google Imagen, and many more.
I made this static ad using fictional brand assets.
Here’s how you can do it (with prompts). 🧵
Sponsored by Adobe Firefly
#AdobeFireflyAmbassadors #Ad #HowToAdobeFirefly
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One workspace, many image models, faster ads!
Adobe Firefly Boards can help you save a lot of time making creative ads using integrated models like ChatGPT, nano-banana, Google Imagen, and many more.
I made this static ad using fictional brand assets.
Here’s how you can do it (with prompts). 🧵
Sponsored by Adobe Firefly
#AdobeFireflyAmbassadors #Ad #HowToAdobeFirefly
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Offshore
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Investing visuals
$RBRK is a high quality, yet underappreciated cybersecurity business.
Let's break it down!
• How they make money
• Sentiment
• Geography
• Business segments
• Financials
• Cash
• Margins
• Valuation
• My thoughts: would I buy it?
Time to dive in 🧵👇 https://t.co/SpsG1AyzGC
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$RBRK is a high quality, yet underappreciated cybersecurity business.
Let's break it down!
• How they make money
• Sentiment
• Geography
• Business segments
• Financials
• Cash
• Margins
• Valuation
• My thoughts: would I buy it?
Time to dive in 🧵👇 https://t.co/SpsG1AyzGC
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