Sale of the Minnesota Twins Franchise Reportedly Trending Toward Completion

[Doctor Gast]

On 1/10/2025 at 4:49 PM, Major League Ready said:

Bean5302 went through the trouble of illustrating the rate or return and then compared it to other investments.  The fact that he used the S&P 500 is a very fair an unbiased comparison given anyone could buy an S&P 500 fund.    All of the moaning around her about the Pohlad's outrageous return is put in perspective.  So, Bean did provide a lesson in finance even if you don't want to learn.   He actually overstated the return because the $44M is not the only capital investment they made in the team.  They put $185M in Target Field and probably made some other investments along the way.

ML Ready, anyone that has a slight interest in stocks, dreams of getting into Apple when they started up. I have & also futilely mapped out how much $ I'd have made. I'm not a billionaire, but I assume most billionaires don't amass their billions by not buying stocks (unless they create an investment firm) but buying businesses. You have some control over your business, you don't with stocks. I'm not a contentious person & I don't fault anyone over their opinions. But I do find fault with Bean5302's snidely off-remark while quoting me. Otherwise, I'd have ignored his remark.

Any money the Pohlads sunk into the team after they bought it is an operational cost, which is considered part of the decision to make a profit and rightsizing. Which is not under debate. 

[Major League Ready]

53 minutes ago, Doctor Gast said:

ML Ready, anyone that has a slight interest in stocks, dreams of getting into Apple when they started up. I have & also futilely mapped out how much $ I'd have made. I'm not a billionaire, but I assume most billionaires don't amass their billions by not buying stocks (unless they create an investment firm) but buying businesses. You have some control over your business, you don't with stocks. I'm not a contentious person & I don't fault anyone over their opinions. But I do find fault with Bean5302's snidely off-remark while quoting me. Otherwise, I'd have ignored his remark.

Any money the Pohlads sunk into the team after they bought it is an operational cost, which is considered part of the decision to make a profit and rightsizing. Which is not under debate. 

It seemed that Bean5302 was trying to illustrate the relative increase in market cap for the Twins vs other potential investments.  I assume he did this because there have been countless posts suggesting this increase in valuation was phenomenal.  What Bean5302 showed was that this was not remotely close to the return on something like Apple. 

Anyone that has done any investing can pull up an online investment calculator, plug in the number and determine a future asset value or a rate of return.  For all the ranting here, it would appear that the people doing the ranting have never bothered to check the validity of their theories.  Bean5302 made it really simple but anyone who does not like the facts, ignores them. The takeaway here should be that the increase in valuation has been slightly less than what any of us would have made in a S&P 500 fund which I would bet are part of some of the member's 401K.