Wednesday, January 09, 2013

The Booming NASDAQ

The NASDAQ is up to 3103 as I write. In real terms, it is still down about 55% from its peak. If it sees a normal real return of a couple of percent a year, I am figuring that by about 2040 those who invested in the autumn of 2000 will have gotten their principle back.

2 comments:

  1. While those who invested in September 2002 would already have made close to a 300% gain.

    ReplyDelete

Mises on Immigration

Hat tip to Mr. Karaoke himself: "Mises does recognize that peaceful cultural and political assimilation can take place 'if the i...