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S&P 500: Percentage of Stocks that Outperformed the Index since 1990

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Tail Event: Private Equity Has A Massive Left Tail

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Annualized 3-Year Asset Class Returns

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Profit Margin of the S&P 500 since 1957

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It's Been A Great Run For Growth Investing

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Yen Spot Price / Fair Value Relative To Long-Term Average Since 1969

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Asset Class Total Returns (YCharts 2011-2023)

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Shiller P/E Remains Above All But 1929, 2000, 2021 Peaks Since 1881

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U.S. Market Cap/Gross Value Added Since 1946

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