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Daily Archive for April 8th, 2009

Gruesome Destroyer of Capital

The blue line is the gross value of the S&P 500 since 1979 and the red line is the chart of the GM stock price over the same time. Both lines are on log-scales and both have been normalized so that the price on 1/3/79 is 100. While putting $100 in a broad stock index […]

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