Returns over Last 20 Years... Berkshire Hathaway: +387% Gold: +488%pic.twitter.com/tsX3QgpfPC
-
This Tweet is unavailable
-
This Tweet is unavailable
-
Gold also outperformed the stock market in those years.
Indeed. IIRC gold went from USD$35 as fixed under Bretton Woods to floating at (briefly) $800, and consumer price inflation (CPI) was also high. The Dow Jones stock index was roughly unchanged from 1970 to 1980, but down about a factor of ten in CPI-adjusted terms.
-
-
CPI and oil is also a useful report to build with e.g.
@FRED or pandas-datareader. We're floating! -
A maybe more helpful question/fixation might be: how can we most efficiently get capital to firms doing good things for global
#sustainability.#sustyreporting -
Would higher oil prices (regardless of supply) with revenues invested in clean alternatives be good for all involved!
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.