Key insights
- The post discusses the hypothetical long-term growth of a single SPY share, highlighting the power of compounding interest over a century. It questions the validity of current investment theses in the distant future. While directionally bullish on long-term equity returns, the post's impact is limited due to its highly speculative and theoretical nature.
i mean, i understand the power of compounding interest. if you assume market return (i guess its 10%), that share will be worth 10million in 100 years. of course none of us will be alive then, but i was thinking what's the investment landscape is gonna be then? is our thesis valid or is it just some temporary framework we have? for the record, if you assume you also can buy one extra spy share at the end of each year, the total pot will be one billion! some family can work together to make their grand kids really rich and spoiled lol