"did i say it wasn't? my point was lost

Yeah, your point did appear to fly right over lintymint's head.

Understanding where your returns came from (or lack of the same...) is paramount to successful investing.

As an example, I would hazard a guess that the best performing Canadian equity  funds - in 2016 - had a very heavy dose of commodity stocks.  Cuz the commodity stocks had a huge bounce off of their Feb. 2016 bottom.  Great.  In 2016....  But is that "where" one wants to be invested over the next five years???  Is that where you wanted to be in 2013, 2014, 2015???

Short term returns are "interesting"...but over the longer term, "process" is everything.