2017 is behind us and it is time for an annual review of Heartland Boy’s stock portfolio. The metric used to measure the stock performance would be Internal Rate of Return (“IRR”) and the relevant benchmark is the Singapore Straits Times Index (STI Exchange Traded Fund). Having a benchmark is important as it allows Heartland Boy to track and compare his active investment strategy. Heartland Boy will also be including the cash component when calculating his stock performance. Without further ado, let’s get straight down to business. From the table shown above, 2017 was an average year for Heartland Boy. Even though 2017 marked the fourth year of him investing in the stock market, he is disappointed at failing to even beat the index. Warren Buffett said that majority of hedge/mutual funds managed by professionals will not beat the S&P 500 because of fees. Heartland Boy doesn’t even charge himself ......