In 1979, the Los Angeles Lakers were purchased for just $67 million. Today, they’re reportedly worth $10 billion. That’s an incredible return—but how does it compare to a simple investment in the S&P 500 over the same period?
We dig into the numbers and break down what makes public equities one of the most unbeatable long-term investments.
Also in this episode:
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- What really drives massive returns over decades?
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- Why Steve Ballmer—yes, the former Microsoft CEO—is being called one of the greatest investors of all time.
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- The surprisingly simple principle behind his investing success (and how you can apply it).
Here’s to wise investing,
Brett Pattison, Brian Hunsaker, Spencer Nelson
