The Only Three Questions That Count: Investing by Knowing What Others Don't

Appendix C. Simulated Technology Returns

Date	% Change
Source: Global Financial Data. Total returns as calculated by GFD to simulate a backtested Nasdaq Composite Index; not official Nasdaq data.
Jan-39	0.32%
Feb-39	−3.16%
Mar-39	0.92%
Apr-39	−10.23%
May-39	4.38%
Jun-39	5.74%
Jul-39	2.93%
Aug-39	−0.95%
Sep-39	7.67%
Oct-39	3.07%
Nov-39	1.30%
Dec-39	−1.04%
Jan-40	1.68%
Feb-40	3.39%
Mar-40	1.46%
Apr-40	1.12%
May-40	−16.07%
Jun-40	1.22%
Jul-40	2.77%
Aug-40	−1.12%
Sep-40	5.92%
Oct-40	5.10%
Nov-40	2.63%
Dec-40	−4.37%
Jan-41	2.07%
Feb-41	−5.12%
Mar-41	1.51%
Apr-41	−3.50%
May-41	−2.53%
Jun-41	1.73%
Jul-41	3.95%
Aug-41	−0.63%
Sep-41	0.68%
Oct-41	−5.01%
Nov-41	−0.86%
Dec-41	−10.27%
Jan-42	6.09%
Feb-42	−2.36%
Mar-42	−4.51%
Apr-42	−1.84%
May-42	−1.41%
Jun-42	2.79%
Jul-42	4.28%
Aug-42	0.83%
Sep-42	0.11%
Oct-42	3.52%
Nov-42	2.66%
Dec-42	−0.93%
Jan-43	5.12%
Feb-43	4.12%
Mar-43	3.20%
Apr-43	3.28%
May-43	3.27%
Jun-43	0.22%
Jul-43	3.72%
Aug-43	−1.21%
Sep-43	1.43%
Oct-43	1.00%
Nov-43	−2.10%
Dec-43	−1.56%
Jan-44	5.09%
Feb-44	0.81%
Mar-44	1.33%
Apr-44	0.44%
May-44	2.34%
Jun-44	2.36%
Jul-44	2.61%
Aug-44	1.40%
Sep-44	−0.11%
Oct-44	5.21%
Nov-44	−0.80%
Dec-44	1.12%
Jan-45	1.19%
Feb-45	4.86%
Mar-45	−1.20%
Apr-45	0.36%
May-45	1.84%
Jun-45	4.15%
Jul-45	−1.39%
Aug-45	0.44%
Sep-45	7.68%
Oct-45	6.44%
Nov-45	3.90%
Dec-45	1.15%
Jan-46	1.53%
Feb-46	−1.35%
Mar-46	−1.37%
Apr-46	9.11%
May-46	1.54%
Jun-46	−0.21%
Jul-46	−4.53%
Aug-46	−2.73%
Sep-46	−17.46%
Oct-46	1.42%
Nov-46	−0.64%
Dec-46	5.53%
Jan-47	1.75%
Feb-47	2.46%
Mar-47	−4.97%
Apr-47	−2.15%
May-47	−5.05%
Jun-47	8.73%
Jul-47	4.31%
Aug-47	−0.75%
Sep-47	0.48%
Oct-47	5.15%
Nov-47	−0.96%
Dec-47	−2.66%
Jan-48	−0.99%
Feb-48	−7.61%
Mar-48	2.38%
Apr-48	7.40%
May-48	2.94%
Jun-48	0.51%
Jul-48	−4.45% ...