CG - this plot would be even more impressive if a simple inflator of say 5%/Year were applied. Also you have to explain to folks what a split is and the real value consequently in 2011 US dollars (some may need some help)
This also has helped Gates to hold on to #2 spot as the richest man alive. Sure wish we had a few WGs here.
Like most, Gates has done some good things, and a bunch of not so good things.
Personally, I'm real happy he chose to do most of those things in WA, rather than in CO (although he could have had Boulder, it couldn't be messed up much more ).
Experience enables you to recognize a mistake when you make it again - Jeanne Pincha-Tulley
Comprehensive is Latin for there is lots of bad stuff in it - Trey Gowdy
Let us pretend for a moment that the year is 1997 and you’re in the market for a new laptop computer. You want the top-of-the-line product at the time, so you opt for the newly released Apple Computer PowerBook G3 250 laptop. This revolutionary piece of technology, which comes with a 250-megahertz processor and a whopping 5 gigabytes of storage, will set you back $5,700.
If you held onto that laptop until today you would probably be able to sell it on eBay for about $50.
Now imagine that instead of buying the Apple PowerBook in 1997, you decided to spend $5,700 on Apple stock. You would have done a little better. Indeed, today your Apple stock would be worth $330,563. Probably makes you think twice buying about that laptop.
deltamrey wrote: CG - this plot would be even more impressive if a simple inflator of say 5%/Year were applied. Also you have to explain to folks what a split is and the real value consequently in 2011 US dollars (some may need some help)
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oh please explain to us poor unwashed & uneducated people what you know about stocks. how splits work, TMV and other wonders that reside in your wonderful mind.
What school did you get your Dr. in being so damn smart from?