170
Table 10.2 Sequoia Fund, Inc.
Annual Percentage Change
Sequoia S&P 500
Year Fund Index
1971 13.5 14.3
1972 3.7 18.9
1973 −24.0 −14.8
1974 −15.7 −26.4
1975 60.5 37.2
1976 72.3 23.6
1977 19.9 −7.4
1978 23.9 6.4
1979 12.1 18.2
1980 12.6 32.3
1981 21.5 −5.0
1982 31.2 21.4
1983 27.3 22.4
1984 18.5 6.1
1985 28.0 31.6
1986 13.3 18.6
1987 7.4 5.2
1988 11.1 16.5
1989 27.9 31.6
1990 −3.8 −3.1
1991 40.0 30.3
1992 9.4 7.6
1993 10.8 10.0
1994 3.3 1.4
1995 41.4 37.5
1996 21.7 22.9
1997 42.3 33.4
1998 35.3 28.6
1999 −16.5 21.0
2000 20.1 −9.1
2001 10.5 −11.9
2002 −2.6 −22.1
2003 17.1 28.7Average Return 18.0 12.9
Standard Deviation 20.2 17.7
Minimum −24.0 −26.4
Maximum 72.3 37.5