Gayner that Markel guy who punters on here rave about
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MKL vs SPY
Attachment 14847
Brian Gaynor.
Index was created in 2003 as a fake to lure people back in after 1987. Only one in world that's posted as main.
Market only around 1987 level now, reached back to 87 in 2018 from memory.
The real nz index, capital index, is the story they don't want told.
I guess more importantly he did over a thousand points over the sp500 from 2000 to 2012.
Wait - from all that OCA carry on about how its better for share prices to fall or stay low allowing reinvested dividends to grow the holding - you like Markel’s rising share price?
With that OCA’s low prices are good as allows dividend reinvestment to grow the holding mindset - kinda sounds eerily similar to an argument to make about the nzx capital and gross index.
Spooky.