Sounds like an amazing return but the compound annual growth rate of Altria over 100 years is only 16%. Compare to capital allocators like Buffett and the numbers are well above 20% over long periods, with the added benefit of diversification.
"Only" 16% is still pretty amazing, and practically speaking enough to make you rich enough to never have to work with only a $10 (1920s money) investment.
More interesting is what are the lessons for investing today. What companies sell highly addictive products? (cough, Meta)
Not what I was expecting. The setup is kinda boring and buying stocks might actually change history more than staying there for another hour. And where are you going to get the money to invest in stocks?
Someone should do "How to take over the world!" if you woke up 50 years ago.
> Someone should do "How to take over the world!" if you woke up 50 years ago.
there are many novels & mangas about that.
the first 80 chapter of a 'reborn trope' webtoon called 'past life returner' are about taking over the world using finance/politics.
but in practice I don't think there's much to say. you don't need knowledge about the past/future but about the causality graph and how it was traversed in your previous life so that even when you change things you know how the new state will look like.
The books & amazon show "The pheripheral" has the most realistic looking way for how to do this (that I know of).
"past life returner" starts being any other OP MC after the first 10 chapters.
This is because the "timeline knowledge" quickly breaks and because the character went to university in his past life he is destroying kids his age making him look smart.
The protagonist had access to some money and happened to know a couple of very longshot sporting bets that he was able to parlay into a good nest egg to get started.
Of course, knowing a big winning Powerball jackpot is where the real returns are but it's not believable that someone would just know that while the scenario in Replay was.
The thing with the stock market is that, even going into say the dot-com era, you still need some material money to make never have to work again returns over a more modest time horizon.
