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M*: What Has Been Manhattan's Return?

TedTed
in Fund Discussions
FYI: Veteran fund manager Mario Gabelli raised the question. What has been the annualized gain for Manhattan? The property was purchased in 1626. How profitable was that transaction?

The task is both easy and impossible.
Regards,
Ted
https://www.morningstar.com/articles/944161/what-has-been-manhattans-return

Comments

  • LewisBraham
    What has been the return for Native Americans who didn't understand European concepts of property?
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