that is only index, if you consider compounded

来源: longterminvestor 于 2011-03-07 17:31:23 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (322 bytes)

return made by Buffett, Buffett beats gold many times over. Buffet said it is easy for him to achive 50% return if he manages relative small amount of money. Can you do that with gold? Whatever you put into gold, it is dead, it will not multiply.

Gold has failed us as currency, that is why we abondoned it.

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• :) Do you think a single company represents stock market? -天下无马- ♂ 给 天下无马 发送悄悄话 天下无马 的博客首页 (546 bytes) () 03/07/2011 postreply 19:27:23

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