And lest I offend art lovers, it should be pointed out that even an old master, bought from the the artist for $100 and sold 350 years later for $10,000,000, has returned only 3.34% per year.


Chapter 2, Measuring The Beast, p. 45 - The Four Pillars of Investing (2002)

William J. Bernstein Quotes

And lest I offend art lovers, it should be pointed out that even an old master, bought from the the artist for $100 and sold 350 years later for...

And lest I offend art lovers, it should be pointed out that even an old master, bought from the the artist for $100 and sold 350 years later for...

And lest I offend art lovers, it should be pointed out that even an old master, bought from the the artist for $100 and sold 350 years later for...

And lest I offend art lovers, it should be pointed out that even an old master, bought from the the artist for $100 and sold 350 years later for...