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Warren Buffett: How To Minimize Investment Returns
FYI: It’s been an easy matter for Berkshire and other owners of American equities to prosper over the years.
Between Dec. 31, 1899, and Dec. 31, 1999, to give a really long-term example, the Dow rose from 66 to 11,497. (Guess what annual growth rate is required to produce this result; the surprising answer is at the end of this piece.) Regards, Ted http://ritholtz.com/2017/09/minimize-investment-returns/
