@liuzhis
Why does Duan Yongping say that buying the S&P 500 always makes money?
He once said that if someday his children don’t understand investing, he would simply have them buy the S&P 500 or Berkshire Hathaway.
The answer is in 200 years of history.
If you held $1 in cash in 1802, its purchasing power today would be just $0.05.
But if you had invested that $1 in the stock market, thanks to compound growth, it would be worth over $1 million today.
The S&P 500’s real power is that it is constantly renewing itself:
Weak, unprofitable companies are removed.
Only the strongest — like Apple, Nvidia, Microsoft — remain.
U.S. companies prioritize shareholders through buybacks and dividends.
So when you buy the S&P 500, you don’t need to pick stocks or time the market.
It automatically selects the best companies and eliminates the worst.
You’re not buying stocks —you’re buying human productivity and long-term economic growth.