It's been 400 years since stock market is open in Netherlands. If there was a SINGLE logic which kept > 20% for THE 400 YEARS, then the trader...
From 100K to 100M, the ratio is 1000 times. 1) If you find(invent) a trading logic of annual 20% compounded, then it will take 38 years by 1.2^38...
I think the edge stands for something like as follows. In the Roulette in casino, we lose 49 to 51, which means we lose 2% to casino in EVERY...
Let us explain "consistently" more precisely. There is many types of "consistent" trading logic. Also there is yearly tax in Federal 1040....
For a shorter example, for lifetime of 50 years (from 30 to 80), note that 1) 1.06^50 = 18.42015 2) 1.12^50 = 289.0022 3) 1.2^50 = 9100.438 times...
I honestly believe that there might be a family to keep CONTINUOUSLY grandfather's trading logic. For example, Rothschild does NOT invest real...
PS2) Furthermore, I heard that there was an average of roughly 3% inflation for roughly 100 years, after Federal Reserve at 1913.
Note that modern stock market was running 400 years from Netherlands. For example, suppose we (people in the world) have all equal asset evenly...
Of course. Furthermore I don't believe the 84% logic is sustainable too. It is because no trader did keep annual 84% long time.
You can make more than 84% per year. Go to casino BJ or cardroom poker to make it double in a few minutes.
Of course, Buffet showed his performance for more than 50 years (from 1965) clearly. His is saying roughly annual 20% compounded. However index...
Or for short time like only 50 years (from 30 to 80), it becomes 1.14^50 = 700.233 times. For example, one with saving of 100K at 30 should be as...
If you are confident to show annual 14% , then you may not have to find other trading logic. However, they will NOT show the good logic to you if...
How about the performance for the last 5 years and 10 years?
Agreed. That is why most broker in most countries lend money to traders with interest of 8% to 12%. My guess is good and profitable traders...
Quite possibly, my issue is out of OP's scalability, which I do NOT understand yet. Sorry for that if so.
1) Please refer Buffet's site at http://www.berkshirehathaway.com/letters/2017ltr.pdf if you believe it is true. It says annual compounded return...
I didn't read long story below, also my English is short What I am saying is annual 80% compounded is absurd and if one keep 20% like Buffets'...
It is free for you to choose believing or not believing. If you cannot believe it, then tell me yours.
Would you tell me more precisely what you say? My English is short.
Separate names with a comma.