The TSX Index had a return of 12 percent and Apple Inc. had a return of two percent over the same six month period. What can you say about whether your purchase of Apple Inc. was a good decision?
◦ Comparing returns with an Index is irrelevant.
◦ Your analysis of Apple was poor.
◦ Apple is always a good company to buy, but this was too short a time to compare.
◦ Nothing because the TSX Index is not a relevant comparison for an American company.