4 ms·
There's a beauty comment there (top of the list when I checked) about how the author is measuring from the peak of the dot-com bubble to our current, pretty awf
by DanHulton 18y ago
There's a beauty comment there (top of the list when I checked) about how the author is measuring from the peak of the dot-com bubble to our current, pretty awful trough (though I guess likely to proceed still lower).
"Looking back 6 years (to mid-September 2002), counting the recent turmoils, the S&P500 has had average non-inflation-adjusted growth of 4.9% per year. Looking back 12 years (to 1996) the growth is 4.6%."
Lies, damned lies, and statistics.
- steveplace 18y agoProbably closer to damned lies. Dividends aren't taken into account, and inflation is reported much lower than what it really is.