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Pastimes : SI's Infamous

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To: Lazarus_Long who started this subject1/14/2003 6:36:53 PM
From: Baldur Fjvlnisson   of 553
 
The Danger in Buying the Biggest. (13th January 2003)

If you started with $10,000 invested in the most valuable
business when the Fortune 500 list was released in April 1987 (that year it was IBM) and every year thereafter reinvested the funds in the new (or same) most valued business, by 2002, you would have realized an annualized gain of just 3.3%. Over the same period, the S&P 500 delivered about 10% annualized

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