This post is an update of the previous post made in January 2013.

Below is the latest portfolio as of 12th April 2013:

Cerebos (ticker: C20) and Asia Pacific Breweries or APB (ticker: A46) have since been delisted. APB was delisted at $53. The profit from this business itself was 489%.  Overall portfolio returns, with Cerebos and APB included, was 315.59% instead of 232.72% as shown. In January 2013, the overall portfolio returns was at 301.66%.

The reason why I am doing this update now is that the Dow and S&P 500 have been hitting record highs in the past few days. It has been slightly more than four years since the March 2009 lows, when people were talking about a financial apocalypse. It can be seen that buying fundamentally sound businesses during a major crisis, without any external noise affecting our decisions, really helps to grow ...