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"The S&P has only returned 4.8% CAGR [1] from 2000-2018 so that was a pretty tremendous ROI for Bonilla." Anytime I read about this contract (and it comes up e
by rsync 7y ago
"The S&P has only returned 4.8% CAGR [1] from 2000-2018 so that was a pretty tremendous ROI for Bonilla."
Anytime I read about this contract (and it comes up every year or so, somewhere) I wonder if Bonilla sold off his interest in the contract in return for a lump payment.
That's a very common arrangement and I never hear whether or not he did that ...