Fair enough. One could argue that a blue chip like IBM is quite different from an upstart, and that the GM bankruptcy was a black swan, but it's a fair point.
On Mon, Apr 17, 2023 at 10:59 AM Bill Johnson < 00000047540adefe-dmarc-requ...@listserv.ua.edu> wrote: > If you had invested 10,000 in Tesla 2 years ago, you’d now have 5,000. If > you bought bitcoin in 2021, you lost half. If you purchased GM stock in > 2006, you lost it all. If you bought a real bank like JPM in 2013, you > tripled your money. Most of the “high growth” stocks that Silicon Valley > has pushed on America as disruptors, like Uber, Chewy, don’t even make any > money at all & their stocks are below the first trade price. Uber, who I > drove for as a possible retirement hobby, (3 months lost $600) has lost > over 10 billion dollars & the stock is significantly below the first trade > price. IBM hasn’t been a great investment over the last 10, but you can > always pick a time frame for every stock where it doesn’t perform. MSFT > stock did nothing from 1999 til 2016. > ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN
