“Only when the tide goes out do you see who was swimming naked.” -Warren Buffet TerraUSD Stablecoin Plunges as Crypto Market Awaits Rescue https://www.bloomberg.com/news/articles/2022-05-11/terrausd-stablecoin-plunges-as-crypto-market-awaits-rescue

One of my favorite fables of investing: The Tortoise and the Hare. This was Warren Buffet's wager that simple, low-cost index funds will outperform expensive, risky hedge funds over 10 years. This wager is proof that hedge fund investors, with all their wealthy elitism, do not triumph over financial literacy which is accessible to all, thanks to index fund pioneers like Jack Bogle. The funniest part of the story (which isn't detailed here) is that Buffet initially could not find any hedge fund manager willing to take his wager. https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp

Herb Washington bought a McDonald's for $100K in 1980. In 2019, McDonald's bought 33 of his restaurants for $33.5MM, after years of struggle. If he'd bought 100K of MCD stock instead? He'd be worth $1,177,906,492 - over $1 billion! https://www.bloomberg.com/news/features/2021-12-17/black-mcdonald-s-franchise-owners-face-off-with-fast-food-restaurant-over-racism Here's the handy tool you can use to calculate total returns like this (capital gains + dividend reinvestment): https://dqydj.com/stock-return-calculator/