he said the “assets”， not the stocks and he didn't

来源: 洋葱头儿妈妈 于 2008-10-28 05:48:50 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (287 bytes)

really clarify his definition for assets. but it is true if you adjust the stock market return by inflation the real return would be negative. but annual compounded at higher than 8% for 16 years, that's a stunning number! I didn't know during that time the US had such high inflation.

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