Yes. If a young person bought Buffett's company periodically and did not sell for the next 30 to 40 years, he figures (barring a big human disaster) to end up wealthy. And he could brag to his friends: "Warren Buffett works for me!" ___ *No guarantees.
The first time I got enough money together, I bought a BMW. If I'd bought MSFT stock instead, I could have later bought a BMW DEALERSHIP! If only somebody had told me....
it is not a competitive enterprise the only person one realistically can and should compare oneself is oneself in the past i think most of ET-ers are better now than themselves in the past, the problem is: probably most of us still unsatisfied with the rate of the improvement, we all are running against the time
A good question will ellicit good answers. I don't compete against anyone, so don't care beyond getting meaningfully above break-even. How good I am? I try to treat people as well as I want to be treated and innovate how I can treat environment better year by year, small baby steps.
As assumption that has any validity only if you ignore the realities of asking questions to self-selected respondents, and overlook completely the fact that your inquiry-method predicates that some are far more likely to answer/vote than others.
Well, I bought MSFT back in the dot com days for $65 a share. I still have them. @ the recent price of $75, my returns came to .8% CAGR, not counting dividends
It doesn't matter, but I'm curious, which there's nothing wrong with that. Yes, that would be interesting, but I wanted to see how many people on ET are realistic. It sort of is, you're competing against everyone else. Both statements are true.