Stripe Will Pay Workers $20k to Leave New York and San Francisco

Re:Stripe Will Pay Workers $20k to Leave New York and San Fr... by disgruntledphd2 on Friday October 02, 2020 @11:16AM (#24663502)

This is actually only true for the US, other mature markets (such as the UK) have not shown this pattern (look at FTSE 100 returns if you don't believe me). Additionally, sixty years ago, the UK markets were the largest in the world, and I suspect that an indexing strategy would have done well during the height of the British Empire.

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Re:Stripe Will Pay Workers $20k to Leave New York and San Fr... by lsiebert on Friday October 02, 2020 @11:56AM (#24663912)

I honestly am not sure where to look for dividend reinvestment for ftse 100 returns, so I guess I'll take your word for it, but I know that the european and london exchanges haven't done as well as the US.

What metric are you using to say largest in 1960 though? Not disagreeing, just curious.

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Re:Stripe Will Pay Workers $20k to Leave New York and San Fr... by disgruntledphd2 on Friday October 02, 2020 @02:14PM (#24665366)

1960 was just something I pulled out of my ass, to be honest. I think what I was getting at was that the markets for the dominant power tend to provide above inflation returns, which for the UK is probably pre WW2, to be honest.

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