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Title: How one eyed financial pieces are Post by: jubalix on September 10, 2014, 02:50:30 PM Quote "Consider for a moment that $100 parked in the S&P 500 at beginning of 1965 would be worth an astounding $9,841 by the end of 2013. This is a distinctly clear display of the true beauty of both the American economy and the rewards of buy-and-hold investing. But what would that same $100 be worth if it was put into the hands of Warren Buffett at Berkshire in 1965? Words don't do it justice: $693,518." http://www.fool.com/investing/general/2014/09/07/warren-buffetts-right-hand-man-reveals-his-secrets.aspx (http://www.fool.com/investing/general/2014/09/07/warren-buffetts-right-hand-man-reveals-his-secrets.aspx) so over with buffet 50 years you get a 7000x return. BTC on first listing, circa 1400BTC per USD. now $400~$500 = 1 BTC in what 6 years is a 700,000x return. This is 3 orders of magnitude greater than Buffet. Title: Re: How one eyed financial pieces are Post by: B1tc01n5 on September 10, 2014, 05:10:00 PM Everyone knows if you own 1 BTC now you'll be rich eventually, but fuck, im 25, I want to be rich while young, not as a 80 year old grandpa :'(
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