so I did the math
I was able to gather some data from a local Bloomberg machine.. Here is what I come up with:
Returns from day of Wagner purchase to 5/31/2011
We shouldn't have to debate compounding vs. simple interest, unless we calculate dividends as well (which I will not do)! Way too much time. Anyway:
Honus Wagner Return: 2580%
Disney: 4493%
Microsoft: 29015% (in much less time)
Apple: 8629%
S&P 500: 1194%
Coca Cola: 2577%
So to sum it up, the Honus Wagner beat the S&P. Pretty impressive. I can go into detail if anyone wants me to.
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