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373 \textbf{Test Data:} File \texttt{drumb.scala} contains two portfolios |
373 \textbf{Test Data:} File \texttt{drumb.scala} contains two portfolios |
374 collected from the S\&P 500, one for blue-chip companies, including |
374 collected from the S\&P 500, one for blue-chip companies, including |
375 Facebook, Amazon and Baidu; and another for listed real-estate |
375 Facebook, Amazon and Baidu; and another for listed real-estate |
376 companies, whose names I have never heard of. Following the dumb |
376 companies, whose names I have never heard of. Following the dumb |
377 investment strategy from 1978 until 2017 would have turned a starting |
377 investment strategy from 1978 until 2017 would have turned a starting |
378 balance of \$100 into roughly \$30,839 for real estate and a whopping |
378 balance of \$100 into roughly \$30,895 for real estate and a whopping |
379 \$349,597 for blue chips. Note when comparing these results with your |
379 \$349,597 for blue chips. Note when comparing these results with your |
380 own calculations: there might be some small rounding errors, which |
380 own calculations: there might be some small rounding errors, which |
381 when compounded, lead to moderately different values.\bigskip |
381 when compounded, lead to moderately different values.\bigskip |
382 |
382 |
383 \noindent |
383 \noindent |