[Linked Image]

[Linked Image]

The 1902 Winchester sold to some guy in 1919 for 50 cents.
I paid $245 today.
Over 98 years, that is 6.5%/year compounded annually.
Those Winchesters are big earners.
Most guns are 3%.

There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway
The man who makes no mistakes does not usually make anything.-- Edward John Phelps