I’m not sure why I used inflation instead of the risk free rate. I guess I’m rusty!
It has earned ever so slightly more than the risk free rate since 2000. On an absolute basis it is a terrible investment. On a relative basis it is also a terrible investment. On a risk adjusted basis? Abysmal.
I was expecting this comment. You know the answer. A scam will keep scamming.
There are also legitimate companies from the dotcom bubble era like amazon, microsoft, and intel. They all were vastly overpriced during the dotcom era. Probably also now lol.
