“It seems to me that we are off, probably at least 99%...”
Maybe not. And I say that because back in the late 50s and early 60s the Kennedys were considered very wealthy.
By today’s standards they were not that well off as supposed, comparatively speaking. Plus they didn’t have the hurdles as we do today in the form of grossly inflated text schemes, real estate prices, the cost of money, and hard goods, but as wealthy as Camelot clan presented themsrlves, they were hardly filthy rich and anything they did have was probably purchased in the halcyon days of Old Joe Kennedy’s bootleg operation.
If I invested into the stocks and I had a 4% average growth every year for 300 years, I will have about 128,000% of my original principle. As long as I have been a reasonably reliable investor, I’m likely to have millions percent of the totality of the original principles I invested.
They must have been advised to get in on the ground floor of the London and possibly New York stock exchange when they first opened or sometime soon after.