Where did all the billionaires disappear too?

Do you think it is easy to beat markets with reinvesting into your business?

1. Research indicates that if all the millionaires in the US in 1900 invested in US markets, there would now be more than 120,000 billionaires in the US today!

2. Each of the 4,000 millionaires  in 1900 (or their kids) would have about 80 billion as of September 2018 if they had just invested in the US market. In other words, there would be 120,000 people as rich as Bill Gates and Warren Buffett!

3.  So what can explain this?  The podcast also discusses human error.

For questions, please contact me at adamfayed@iamgltd.com or here.

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