If it really had that high a return, wouldn't they basically own the economy by ... | Hacker News

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		gwern on July 8, 2014 \| parent \| context \| favorite \| on: A Billionaire Mathematician’s Life of Ferocious Cu... If it really had that high a return, wouldn't they basically own the economy by now?

aklein on July 8, 2014 [–]

They distribute back all profits and keep the total capitalization of the fund constant. Yes, it really has returned that amount for 20+ years.

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