Subject: Re: 5 year challenge - update
4 years in!
This challenge was originally posted on December 10, 2020, a moment of market exuberance for SaaS stocks, that is why SNOW was included.
BRK-A traded at $340,000 at the time, as did:
18.8 Bitcoin
940 SNOW
930 SPY
1770 TSLA (3:1 split adjusted)
Poll results for the winner were:
44% (32 Votes) 1 BRK-A
22% (16 Votes) 930 SPY (with dividends)
18% (13 Votes) 18.8 Bitcoin
9% (7 Votes) 940 SNOW
5% (4 Votes) 1770 TSLA
Actual results after 4 years:
Bitcoin +453% CAGR +53.4%
TSLA +118% CAGR +21.5%
BRK-A +102% CAGR +19.2%
SPY +75% CAGR +15.0%
SNOW -53% CAGR -17.20%
Wow. Make of it what you wish.