Subject: Re: OT, Mungo results
Hi Jim,

You mention the impact of currency on reported results, but you don't clearly state in which currency you are measuring to report a +19.3% return. I think it can be inferred that it is USD. Can you confirm?

I have not done my year-end report yet but measured in EUR, I think I am down 1%-2% so am probably up about 10% measured in USD. I normally go with the EUR result since that is my home currency.

Either way, you have nicely beaten me in 2025 so congratulations on a good result.

StevnFool.