After reading The Super Investors of Graham- and Doddsville, I approached www.warrenbuffett.nl to set up www.valuemachinesfund.nl together because I believed that I and others around me were incurring an opportunity cost by not investing better for the long term.
I am happy to see that it seems to be working in practice. Case study of a fellow ValueMachinesFund investor who unfortunately passed away:
| Investment | @ ValueMachines | @ Alternative | | |
| €100,000 | €121 | 100 | €115,000 | Nov 1, 2019 |
| €40,000 | €105 | 93 | €49,462 | Apr 1, 2020 |
| €16,000 | €129 | 95 | €19,368 | Oct 1, 2020 |
| €1,000,000 | €146 | 104 | €1,105,769 | Jan 1, 2021 |
| Total: | €172 | 115 | | Apr 1, 2023 |
| €1,156,000 | €1,406,633 | | €1,289,600 | |
| Gain | 21.68% | | 11.56% |
Opportunity cost avoided: EUR 117 000,- (not taking "Box 3" tax and inflation into account which might make the relative difference bigger?).
Note: This case involves luck on the one hand, and good decision-making (like buying at EUR 105) during the Coronapanic on the other hand. At ValueMachinesFund we prefer to think in terms of 7 years or more.
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