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I guess, but if you invested $1 million into 100 companies in 2000 and one of them was Amazon (and other 99 went to zero) your investments combined would have h
by lesuorac 1y ago
I guess, but if you invested $1 million into 100 companies in 2000 and one of them was Amazon (and other 99 went to zero) your investments combined would have had an annual growth of 24% over the past 25 years.
- staticman2 1y agoSomeone in 2000 would not have done your proposed strategy unless they could name 100 .com like tech companies from 1975 that, if you had invested $1 million dollars in, would have returned 24% over the previous 25 years. If the idea is just look at what worked 25 years ago, the 2000 investor would probably have followed a different approach.
- deleted 1y ago[deleted]