[LINK] Hard disk storage: 8 GB costs as much as a roll of toilet paper

Scott Howard scott at doc.net.au
Mon Apr 26 05:04:00 AEST 2010


On Sun, Apr 25, 2010 at 1:31 AM, Jan Whitaker <jwhit at melbpc.org.au> wrote:

> And this guy is kicking himself with that very question, What if?
>
> http://www.theage.com.au/business/deserting-apple-cofounder-pals-cost-pensioner-23bn-20100424-tknx.html
>

Definitely looks like The Age has got their interns writing the headlines
over the long weekend...

Somehow they seem to have made the assumption that holding 10% of the
company in 1976 would equate to holding 10% of the company today, which
completely ignores any dilution that would have occurred due to additional
investment over the past 34 years. (It also presumes that he would have
never sold a single share to date, but at least that's possible...)

Of course, no matter how much dilution occurred, you've still got to think
that he made the wrong call there...

  Scott



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