Analyzing S&P 500 returns from 1928!!

Dude? You don't know? Here..

Warren Buffett has warned in his annual letter.

“A major catastrophe that will dwarf hurricanes Katrina and Michael will occur – perhaps tomorrow, perhaps many decades from now,” the Berkshire Hathaway CEO wrote. “‘The Big One’ may come from a traditional source, such as a hurricane or earthquake, or it may be a total surprise involving, say, a cyber attack having disastrous consequences beyond anything insurers now contemplate.”

When such a mega-catastrophe strikes, we will get our share of the losses and they will be big – very big.

These old hags already made our lives nearly impossible to leave by fucking up the economies... Now, they're getting ready to destroy our chance of getting rich with future investments.

/r/investing Thread Parent