3 ms·
What investments do you think were better? He's had far more income from other investments. But he turned $25 into $2000 in 3 years. That's around 331% profit
by btilly 2y ago
What investments do you think were better?
He's had far more income from other investments. But he turned $25 into $2000 in 3 years. That's around 331% profit per year, compounding annually. Given that he likes to invest in relatively mature companies, I can easily believe that no other investment ever showed a greater annualized return.
(Of course this calculation discounts his personal investment of time to run the business.)
- 0cf8612b2e1e 2y agoI assume he has to invest in established companies just as a practical matter. If you have $50k, you can put it anywhere from the local donut shop to Apple. If you want to invest $50 billion, your options are significantly more limited on what you can do without outright owning the target company.
- nsbshssh 2y agoI turned $0 into $100k this year. Infinite return if you exclude personal effort.
- llm_trw 2y ago>But he turned $25 into $2000 in 3 years. That's around 331% profit per year, compounding annually. You run out of barbers rather quickly.