Subject: Re: OT-Guy Spier’s Aquamarine Fund
In a recent Richer, Wiser, Happier podcast episode featuring Guy Spier, William Green opened with the following: "Guy launched the Aquamarine Fund back in 1997. By the end of February 2024, the fund had returned a total of 932 percent. To put that in context, this means that he’s beaten the S&P 500 Index by 157 percentage points, and the MSCI Global Index by 396 percentage points over the last 26 years or so. That record puts Guy in a tiny minority of fund managers who have outperformed the market over more than a quarter of a century."