Source: CLSA
Returns are calculated in same currency, ignoring currency depreciation
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40 Year Returns
Source: CLSA
Returns are calculated in same currency, ignoring currency depreciation
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2 replies on “40 Year Returns”
Local currency returns are meaningless. I’m sure returns in Zimbabwe and Turkey will be outstanding in local currency and Iran won’t be far behind either.
I agree with Victor. Returns have to be adjusted to a single currency (like USD); otherwise, the comparison is meaningless.