$72 million High School Stock Investor Hoax

This week New York magazine reported that a New York high school student made $72 million investing in the stock market.

For a 17 year old to make $72 million from a $1000 investment, many experts calculated he would have to have returns in excess of 500% for 7 straight years. That means he would have to double his money every one to two months for 7 years straight. Yahoo Finance analyzes these returns in the article below.

http://finance.yahoo.com/news/a-high-school-senior-did-not-make–72-million–jeff-make-164536104.html

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