It’s not possible to invest over long periods without making some bad investments. But really big losses can really drag down an overall portfolio. So take a moment to sympathize with the long term shareholders of China Tourism Group Duty Free Corporation Limited (SHSE:601888), who have seen the share price tank a massive 76% over a three year period. That might cause some serious doubts about the merits of the initial decision to buy the stock, to put it mildly. And more recent buyers are having a tough time too, with a drop of 45% in the last year. The falls have accelerated recently, with the share price down 21% in the last three months.
So let’s have a look and see if the longer term performance of the company has been in line…