How many of you have actually calculated your returns against the S&P, properly, and how many are just assuming you're beating it because your portfolio is green?

I've been picking individual stocks alongside an index core for a couple of years now and if you asked me at a party I'd tell you I'm outperforming, but last month I actually sat down and ran the numbers the way you're supposed to, time-weighted, adjusted for every deposit and withdrawal, after taxes on realized gains, and accounting for the cash drag from money sitting in my brokerage earning basically nothing while I waited for the right entry point. That idle cash was sometimes 15 to 20% of m