a guessing game · you're shown a company at a moment in time, and you guess where it landed — twice.
x-axis — the company's valuation multiple at that time, divided by the S&P 500's multiple at that same time. Example: a stock at 40x forward earnings while the S&P 500 trades at 20x plots at 2x; a stock at 10x against the same 20x market plots at 0.5x. The dashed 1x line = priced exactly like the market of its day.
y-axis — the stock's annualized return versus the S&P 500 over the next 5 years, and then over the next 10 years, from that entry date.
how to play — each card gets two guesses. Guess 1: click where you think it landed over the next 5 years, and lock it in — the 5-year answer is revealed. Guess 2: with that answer on the board, click again for the 10-year window. Each guess is scored out of 100 on closeness. Worked example: dealt "MegaCo, 1998," your first click is MegaCo's 1998→2003 result (say you guess 2x · −10%/yr); after the reveal, your second click is its 1998→2008 result — same valuation, but did five more years redeem it or bury it? Recent entries where 10 years haven't elapsed are single-guess rounds.