Many investors define successful investing as beating the market average over the long term. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term Viking Line ABP (HEL:VIK1V) shareholders have had that experience, with the share price dropping 25% in three years, versus a market decline of about 1.4%. Furthermore, it’s down 20% in about a quarter. That’s not much fun for holders. But this could be related to the weak market, which is down 19% in the same period.
To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies