S32 News: Investing in South32 (ASX:S32) three years ago would have delivered you a 70% gain - 25th Dec 2022, 9:02am

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By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, South32 Limited (ASX:S32) shareholders have seen the share price rise 49% over three years, well in excess of the market return (4.0%, not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 10% , including dividends .

With that i...

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