Incidentally, in case anyone is interested, these are my current favorite statistics:
* "By the time [the Dutch East India Company] was wound up in 1796 it had paid on average an annual return of 18 per cent on the orignal capital subscribed" (Empire, pg 18-19). D00d, that's 18% over 194 years. By comparison, the S&P 500 has returned 8.4% over
(
Read more... )