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#16
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I was able to gather some data from a local Bloomberg machine.. Here is what I come up with:
Returns from day of Wagner purchase to 5/31/2011 We shouldn't have to debate compounding vs. simple interest, unless we calculate dividends as well (which I will not do)! Way too much time. Anyway: Honus Wagner Return: 2580% Disney: 4493% Microsoft: 29015% (in much less time) Apple: 8629% S&P 500: 1194% Coca Cola: 2577% So to sum it up, the Honus Wagner beat the S&P. Pretty impressive. I can go into detail if anyone wants me to. |
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