Re: 50% returns on small amounts?
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Carl Icahn is not a suitable example for what you are trying to prove. He is not a passive investor. The reason BEAS is up 13% is because Icahn bought it. Had I bought the same amount of stock instead of Icahn BEAS would not have gone up. So yes someone like Carl Icahn might be able to sustain very high returns but normal mortals have such a low probability of sustaining 50% returns over a 10 year period that it is safe to say the probability is zero.
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First, you didn't even correctly read my post. BEAS is up 50% since Icahn bought it. He OWNS a 13% of the COMPANY. Its up because it receieved a BUYOUT offer from ORACLE.
Second, another reading failure, in my post directly after the Icahn story, I mentioned how you do not have to be a hedge fund manager to sustain those rates. If you put the effort into learning some analysis, ect., 50% is definitely sustainable for an intelligent trader/investor.
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