Thursday, June 10, 2010

Day Late, Dollar Short

Even people who aren't part of The Apple Cult are aware of Jobs and Woz. But did you know there was a 3rd founder of Apple? There was. He lives in Nevada, cashes his social security checks and plays penny slot machines. Seriously.

If he had hung on to his 10% stake at the beginning of Apple those shares would be worth $22 Billion today. Easy come, easy go.