2008 Due Diligence Passive Investors 
Blackstone
NOVEMBER 16, 2023
From March 2009 when the S&P 500 traded at 13x earnings to August 2020 when it peaked at 23x, a passive investor in the market earned 16% per annum. From March 2009 when the S&P 500 traded at 13x earnings to August 2020 when it peaked at 23x, a passive investor in the market earned 16% per annum.
The Motley Fool
MAY 6, 2024
In other words, there's not a lot of homework and there's not a lot of due diligence, there's not a lot of questions being asked of senior management and that's one of the points in the book. They know that the 2008 election, when we had that banking crisis, that had a lot to do with the outcome. You think about team Biden.
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