[ExI] s&p 500 growth, was: RE:
johnkclark at gmail.com
Mon May 9 01:30:41 UTC 2016
On Sun, May 8, 2016 at 8:25 PM, spike <spike66 at att.net> wrote:
>> …That doesn't count reinvestment of dividends. My 74 fold figure was a
>> little out of date, from April 1974 to April 2016 it's 75.7 fold.
>> See for yourself:
> Sure but if you compare them that way, you cannot use current net worth
> either. It would assume the investor never spent any money since 1974. We
> can be quite sure that it wasn’t cheap to send Marla Maples and Ivana
> Zelnickova on their way, nor was it cheap to purchase the current Mrs.
OK but no amount of spin can turn Donald Trump into a brilliant
businessman and economic genius, there are billionaires in Silicon Valley
and elsewhere that fit that description but Donald doesn't. The best you
can say about Trump is he didn't completely blow the inheritance he got
John K Clark
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