The Best Investment Since 1926? Apple

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The Best Investment Since 1926? Apple
(Note that, as a technical matter, Professor Bessembinder defines net wealth creation as total stock returns in excess of one-month Treasury bill
returns, which averaged an annualized 3.38 percent, so the actual stock returns for Apple, Exxon, and the others are even higher than indicated.)
A mere 30 stocks account for 30 percent of the net wealth generated by stocks in
that long period, and 50 stocks account for 40 percent of the net wealth.
Only 4 percent of all publicly traded stocks account for all of the net wealth earned by investors in the stock market since 1926, he has found.
Visa, which had its initial public offering of stock in 2008, is the second-newest company, with a 21 percent
annualized return, followed by Alphabet (Google), ranked 11th with a 24.9 percent annualized return.