Marener
Diamond Member
- Jul 26, 2022
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You brought up Buffett as a metric, all I’m doing is pointing out that it’s a silly idea, a jingoistic meme that doesn’t actually mean anything.Topic is Pelosi
Average investor scenario
- 8% annualized → $1 becomes ~$6.8 over 25 years
Pelosi:
- 15% annualized → $1 becomes ~$32 over 25 years
Difference (mathematically)
That’s roughly:
~4–5× higher terminal wealth
Do we investigate anyone who beats Warren Buffett? Dumb.