The average real return is ~8.6%.
But the standard deviation is 18.2%!
So most years fall roughly between: +26.8% – 9.6%
This is why it's actually such an injustice to simply tell beginners that the average market return is around 8.5% without giving them the full picture.
The market is far more volatile than most acknowledge, and more volatile than beginners are ready to handle.
There’s only 4 companies in the world that make over $100B in net profit. @Microsoft, @Apple, @nvidia, and @Google.
Among the below top 10, Nvidia has the highest net margin, followed by TSMC.
Easy to forget how large these numbers really are, with valuations heading into trillions.
@saylor@Strategy ...and what about the 15% capital loss on STRC right now if someone needs the funds.
I wish there is consistency here. I am a STRC believer but where are teh sharpe ratios that earlier were used to demonstrate superiority on STRC.
BREAKING: The US has released the full text of its 14-point "Memorandum of Understanding" with Iran.
Key terms include:
1. The US, Iran, and their allies agree to immediately and permanently end military operations on all fronts, including in Lebanon
2. The US and Iran agree to respect each other's sovereignty and territorial integrity and not interfere in each other's internal affairs
3. The US and Iran commit to negotiating and reaching a final deal within 60 days, unless mutually extended
4. The US will begin removing its naval blockade immediately and fully end the blockade within 30 days
5. Iran will use its best efforts to ensure safe passage for commercial vessels through the Strait of Hormuz for 60 days with no charge
6. The US and regional partners will develop a mutually agreed plan of at least $300 billion for Iran's reconstruction and economic development
7. The US will work toward terminating all types of sanctions against Iran, including UN, IAEA, primary, and secondary sanctions
8. Iran reaffirms that it will not procure or develop nuclear weapons and agrees to address its enriched material stockpile under IAEA supervision
9. Until a final deal is reached, Iran will maintain the current status quo of its nuclear program, while the US will impose no new sanctions and deploy no additional forces
10. The US Treasury will issue waivers for Iranian crude oil, petroleum products, derivatives, and associated banking, insurance, and transportation services
11. The US will make frozen or restricted Iranian funds and assets fully available for use
12. The US and Iran will establish an executive mechanism to monitor implementation of the MOU and future compliance with the final deal
13. After signing the MOU and implementing key ceasefire, blockade, shipping, oil waiver, and asset-release provisions, the US and Iran will begin final deal negotiations
14. The final deal will be endorsed by a binding UN Security Council resolution
The memorandum will trigger a 60-day window to negotiate a final deal.
I bought SpaceX stocks not for sale, but as tokens to remember that there are brave people determined to take humans to space for the last 25 years.
Many big companies went public during that time, like Google, Facebook, etc.
But these brave people did not pursue hot trends and money, but only one singular goal — a multi-planet civilization.
Today is the day to remember and honor their valor and perseverance.
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