Thursday, June 22, 2006

Nice article about investment


In Slate Daniel Gross writes an article which has lines like 'a 6 percent annual return for 109 years,' 'returned 10.5 percent per annum' 'a compound annual return of 11.3 percent between 1974 and 1999,' and 'masterpieces tend to underperform lower-priced paintings by a substantial margin.' All while talking about paintings.

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