II. Performance – The Name of the Game 

  • Quest gained 3111% in value over the last 20.9 years, as of February 28, 2011; IRR = 18.1%.

  • Warren Buffet's Berkeshire Hathaway was up only 1860%; IRR 15.3%.

  • BANPU, the best performing of all 88 listed Thai stocks, was up only 1090%.

  • Only 29 Thai stocks had positive results.

  • Thailand’s SET Index was up 1%; IRR = 0.0%.

  • Our investors ended the 20.9 year period with 32.4 times more wealth than investors in the SET Index.