Wednesday, August 17, 2011

Money, Apples and Forrest Gumps

@apple #fuckinggump #sharemarket

At the end of Forrest Gump, the main character reveals that he doesn't have to worry about money, because double amputee, failed astronaut, and now Crime Scene Investigator in New York (Sports Utility Vehicle), Lt. Dan, invested some of Bubba's money in a fruit company called Apple.

So obviously, as we celebrate Apple becoming the most valuable company in the world last week, the interesting fact actually lies within a 5-year period after Forrest received that letter.

Apple did so badly over that 5 year period, Gump would've lost 30% of his investment. Let's hope he wasn't a total fucking Gump and he held on to that shit.

Back in July 1982, you could pick up apple stock for $1.45 per share. Now.....

Apple is now worth $380.50 per share.....

So if you invest $5k in AAPL in July 1982... Those shares would now be worth a massive $1.3million.

I'm the fucking Gump.

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