The flat gold line on the chart is the S&P. It's not really flat, it just looks that way in comparison to Vornado. By the way, that 60,000% doesn't include dividends. Since VNO is a REIT, it pays fairly generous dividends. The current yield is 2.8%. If I had to estimate, I'd say that dividends by themselves gave VNO shareholders about a 200% return since 1974, meaning the stock's total return is about 180,000%.