“I would be a bum on the street corner with a tin cup if markets were efficient.” — Warren Buffett
This demonstration portfolio invests the maximum allowable 401(k) in stocks. Total assets reached $1,000,000 in 17 years. Tin Cup has outperformed the S&P 500 since inception (1995) and the annualized total return is now 18.6% vs. 9.9% for the S&P 500.
The total return for the trailing year for Tin Cup is 20.1% versus 13.9% for the Wilshire 5000 (VTSMX).
And not to “jinx” the free throw shooter during March Madness … but we can probably start thinking $2,000,000 count down fairly soon. The second million won’t take nearly as long as the first.
Tracking portfolio for Tin Cup: https://www.manifestinvesting.com/dashboards/public/tin-cup