Bought your book to see what your system is. Stuck on pages 20-22. The accounting makes no sense (to me). It looks like you don't account for the extra cash injected and the two buys in 2005 & 2007 are not accounted for in the amount invested column. I have spent two days trying to make sense of this and I am stuck. Please take a close look at your presentation. The chart on page 21 is totaly confusing and I feel needs more explaination. The problem is probably mine but I can't seem to figure it out.
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