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Old 12-12-2014, 04:40 AM  
L-Pink
working on my tan
 
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,152
Quote:
Originally Posted by RummyBoy View Post
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 $65 Billion USD

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

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.

Only thing worse would be the guy getting fired by the Beatles.


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