II. Performance – The Name of the Game 

  • Quest gained 1848% in value over the last 19.7 years, as of December 31, 2009; IRR = 16.3%.

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  • BANPU, the best performing of all 87 listed Thai stocks, was up only 761%.

  • Only 20 stocks had positive results.

  • Thailand’s SET Index was down 32%; IRR = -2.0%.

  • Our investors ended the 19.7 year period with 28.8 times more wealth than investors in the SET Index.