A fairly meaningless graphic, but mildly amusing anyway.
My favorite entry in the table....
Apple iPod (Original/Scroll) 5 GB, 10 GB 2001-10-23 $399 $11,914
Instead of buying that new ipod in 2001, you could be sitting on nearly 12K today.
Monday, April 26, 2010
Wednesday, April 21, 2010
A common question I get asked is "shouldn't investors buy gold because it is a hedge against inflation". Fama and French provide an excellent answer to this question. Bottom line is, if you are not wearing it then you won't get a fair return.