3min chapter

The Compound and Friends cover image

Bad News is Good News

The Compound and Friends

CHAPTER

The American Corporation Is One of the Finest Things Ever Invented to Provide Profits

Since 2010, the S&P 500 has gone up 15% a year. The average return is 10% a year on the S&p for decades. But in terms of return on capital, the American corporation is one of the finest things ever invented to provide profits out there. Do you still believe in capitalism as practice? Do you think the United States is still the best place in the world to invest?

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