Mick Weinstein
380 posts
Ralph Dillon of Global Financial Data put together this very long term chart that shows how stocks (S&P 500 and DJIA), commodities (Gold, Silver, and West Texas Intermediate crude oil), bonds (US 10yr) and the US national debt (Total Debt as a % of GDP) have risen over time – from 1850. Click […]
Not only did hedge funds as a class underperform the S&P 500 by fully 10% through May 10, but only a small sliver of funds managed to outperform it.
A University of Nebraska at Omaha documentary team discovered this film clip of a young Warren Buffett in the Nebraska State Historical Society archives just a few weeks ago.
"The ability to distill two or three major themes out of an investment and get right to the heart of the matter."