# HG changeset patch # User Christian Urban # Date 1510245248 0 # Node ID 30540237c4397e610dbd5dd663c14e016f9aa585 # Parent dc7aee946bf2535fc15db9d3b93b38f8caddf0ca update diff -r dc7aee946bf2 -r 30540237c439 cws/cw01.pdf Binary file cws/cw01.pdf has changed diff -r dc7aee946bf2 -r 30540237c439 cws/cw01.tex --- a/cws/cw01.tex Thu Nov 09 16:21:01 2017 +0000 +++ b/cws/cw01.tex Thu Nov 09 16:34:08 2017 +0000 @@ -375,7 +375,7 @@ Facebook, Amazon and Baidu; and another for listed real-estate companies, whose names I have never heard of. Following the dumb investment strategy from 1978 until 2017 would have turned a starting -balance of \$100 into roughly \$30,839 for real estate and a whopping +balance of \$100 into roughly \$30,895 for real estate and a whopping \$349,597 for blue chips. Note when comparing these results with your own calculations: there might be some small rounding errors, which when compounded, lead to moderately different values.\bigskip