If they only knew then what they know now. Fear not, though. With all the casinos springing up they may get it all back.
There goes the neighborhood.
A WSJ article contained a calculation the the rate of return on the $24 was less than some historical T-note interest rates. I verified it on my HP-12C. True, it was compounded over hundreds of years. Deferred consumption and compound interest.
Old Wall Street joke: Do you realize, that if you put $100 into the stock market in 1905 that today ... you’d be dead?
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