Tuesday, June 8, 2010

google still rules my life

i was catching up on my google reader (5am is perfect), and i noticed apple seemed to dominate the business management feed. then i saw this:

Apple is the world's largest technology company

then i saw this:

Shares in Apple rose as much as 2.8 per cent on the Nasdaq index yesterday, making them worth ten times more than they were ten years ago.


so i immediately opened my ticker feeds. $250.94 a share, down 1.96% from yesterday. market cap indeed at $228.34 billion with microsoft in fact trailing behind at $221.64B. all true, but the investment aspect was buzzing in my head more. ten fold return over ten years. but with late 08/early 09's market volatility, there was more. with a mid january low of $82.33 a share, the market had a fire sale. so compared to a decade ago, it was barely worth three times more.

forget about outperform now. with enough puts, calls, shorts, you could have made enough to retire. daytrade.

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