3 ms·
The 3200% is not a compound return calculation - it's simple the value of the real growth in value of the market, which is roughly proportional to the growth in
by somenameforme 2y ago
The 3200% is not a compound return calculation - it's simple the value of the real growth in value of the market, which is roughly proportional to the growth in earnings of those companies - things like PE earnings have become stupid in modern funny money times, but it still a reasonable ballpark. A compounding investment from 1979, under any strategy, would be worth way more than 3200% today.