The story behind CRSP is wild. It's hard to imagin that investing used to be so much based on gut feeling and rumors. Fisher and Lorie really changed the game by bringing actual data to the table. That 10% averag return number is something most people take for granted now.
Great article. Loved how you combined this valuable piece of investment history with other concepts and lessons all investors should take away.
Thanks! There is a wealth of financial wisdom just waiting to be rediscovered.
The story behind CRSP is wild. It's hard to imagin that investing used to be so much based on gut feeling and rumors. Fisher and Lorie really changed the game by bringing actual data to the table. That 10% averag return number is something most people take for granted now.
History is a wonderful teacher!