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The Greatest Investment in the History of the World?
Comments:
I'm sure land bought that later turns out to have oil underneith it would be a much greater $ value and % investment.
There have been some amazing investments over time in odd places...
Blair Witch project had a (final) budget of $500,000 and made $250,000,000. So thats 500x Alaska was bought for USD7.2million in 1867 (USD1.1billion in todays money) but generates USD4.5billion a year in gross state product. Also curious as to how the numbers add up for some of the domain squatting of big websites, since the record for sale is USD7.5million for Business.com
Oil land, or gold mines, are good suggestions. They take a huge amount of expense to operate and produce from though, and only yield their wealth over long spans of time. Though I bet some land speculators have bought land that increased thousands of times in value overnight, when oil was discovered.
Blair Witch cost very little to make, but they spent millions and millions on ads and promotion, so you've got to add that on top of the costs for the distributor. Though they were hugely profitable on the whole. That's true of most independent films that hit big; more money spent on ads than the film itself, by a considerable factor.
Also, Jefferson's Louisiana Purchase more than doubled the size of the US for 5 cents an acre, though I don't think there's any way to put a dollar value on what that land is worth today.
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