cumulative gross profit

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 8, 2018 by Michael Mauboussin · across every show →

Everything said about cumulative gross profit, oldest first

Jan 8, 2018
Assertion Supported
Mauboussin: US Active Equity's $1 Trillion Gross Profit Was Erased By Fees
“The cumulative gross profit, I think we have 35 years of numbers, is about a trillion, trillion net positive gross profit. So gross profit positive more than, you know, ok, is a trillion dollars. Now, that also happens to be about what the fees were in that ti…”
Michael Mauboussin Jan 8, 2018 ▶ 25:32 Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36)
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