To quantify “insanely”, $1 in the 1900 stock market would be $52000 today. In the 1900 T-bill market, $58. If you knew how to perfectly rebalance every Jan 1,

To quantify “insanely”, $1 in the 1900 stock market would be $52000 today. In the 1900 T-bill market, $58. If you knew how to perfectly rebalance every Jan 1, $22.3m.