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Nautilus Inc. Message Board

  • astral_tsar astral_tsar Oct 31, 2003 11:12 PM Flag

    You Know

    You know, it's funny. The greatest investors of all time have averaged say 20% a year. Yet every illiterate weenie who falls off a turnip truck claims 100%.

    Pop quiz: pull off 100% ten times and you have a return of ...? 102,300%. No shit, 1000x. 2 to the 10th. Momma Tsar dint raise no dummies.

    So pretty soon, beguiler, you'll've turned 10k into 10 million. Well, shitfire, boy, I'm impressed!

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    • Jesse Livermore turned the $5 his mother gave him into a fortune of over $3,000,000 (when that was a lot) in a matter of 5 years or so. It's easier when you don't have a Ton of money. However Peter Lynch made about 29% over 14 years when managing over $1 bil in assets so there's hope for all of us trying to beat the markets.

 
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