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The way I see it, Apple either grows exponentially or linearly and I give those outcomes a 50/50. By the way, a company doesn't need to do 10x the stock price
by kfk 10y ago
The way I see it, Apple either grows exponentially or linearly and I give those outcomes a 50/50.
By the way, a company doesn't need to do 10x the stock price to deliver 10x to investors. They can pay dividends. They can sell divisions.
We have been enjoying exponential growth for a while now:
https://ourworldindata.org/wp-content/uploads/2013/11/long-term-real-growth-of-gdp-in-the-us-1871-2009-visualizing-economics-645x447.png https://ourworldindata.org/wp-content/uploads/2013/11/long-t...