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Old 12-12-2014, 04:29 AM  
RummyBoy
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Join Date: Dec 2009
Posts: 2,157
Ron Wayne Sold 10% Of Apple in 1976

Apple Co-founder Ron Wayne sold a 10% stake in Apple way back then and I think you can guess the rest. At today's current market cap, his shares would have been worth much "over" $40 Billion USD (estimation)

Instead he got $800 USD in 1976 and bought gold. Now hes buying gold again. I'm a quite bullish about gold and silver going forward but of course a company like Apple is a rarity indeed..... poor old bastard.

Apple Co-Founder Traded His Shares for Gold. Why That Was a Horrible Investment, in 1 Chart - Bloomberg

Apple Co-Founder Wayne Remembers Steve Jobs: Video - Bloomberg

But of course, its always easy to say these things in retrospect...........
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