4 ms·
It's a 16.6% CAGR - very good, but less astronomical than looking at simply the multiple of the original purchase amount.
by jhonovich 12y ago
It's a 16.6% CAGR - very good, but less astronomical than looking at simply the multiple of the original purchase amount.
- simulate 12y ago16.6% CAGR over 33 years is astronomical. Apple, one of the most successful corporations in history, has achieved an 18.95% CAGR since its launch in 1984. $100,000 invested in Apple in 1984 yields $18 million today. You can play with that here: http://forio.com/contour/examples/investment/investment.html http://forio.com/contour/examples/investment/investment.html Achieving a double digit CAGR over multiple decades is extremely rare.