Re:Bogle Sounds a Warning on Index Funds
by newnewpdro on Friday November 30, 2018 @04:11PM
(#18572664)
Isn't passage through the Panama Canal expensive?
[ Parent
| on HN ]
Expensive in absolute terms, yes.
Based on the calculator here:
https://www.wilhelmsen.com/tollcalculators/panama-toll-calcu...
It costs $1,196,397.54 for the largest possible ship to go though.
That's for 13,000 TEUs though (so 6500 standard containers) That's $184 per container. Now think about how much a container holds, and per item for sale it becomes pretty cheap.