Costco vs Gold over 37 yrs (Patreon)
Published:
2024-01-23 01:21:57
Imported:
2024-02
Content
Understanding exponential thinking can often be challenging, but here's a straightforward example to illustrate it: Consider Costco, a well-known retail store offering a wide range of products, from fresh produce to frozen items. Over the past 37 years, Costco has achieved remarkable success.
PS the dollar has debased far more than 70% over the last 40 years so the Gold return is really negligible.
Similarly, there will be a point when some of our preferred assets may experience a comparable trajectory of growth and success.
Inspiration Sanjay and Charlie B for this