Published on 5 Oct 2023 on Simply Wall St. via Yahoo Finance
White Mountains Insurance Group's (NYSE:WTM) investors will be pleased with their decent 78% return...
By buying an index fund, investors can approximate the average market return. But many of us dare to dream of bigger returns, and build a portfolio ourselves. Just take a look at White Mountains Insurance Group, Ltd. (NYSE:WTM), which is up 78%, over three years, soundly beating the market return of 16% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 11% in the last year , including dividends .
So let's assess the underlying fundamentals over the last 3 years and see if they've moved in lock-step with shareholder returns.