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How Steve Jobs threw out US$10 billion
- gte910h 16y agoThe marginal utility to someone at his age between 2 billion and 10 billion is functionally identical. I'd contend his switch was very logical and turned out great for him.
- acqq 16y agoThe article is not clear about the details. As far as I know options have a fixed expiration date. Shares don't. It's not clear when the options he exchanged for shares were supposed to expire and which was the market price at that moment.
- JoeAltmaier 16y agoI also threw out 10 billion, and so did you. With the magical hindsight-looking-glass any of us could invest in the right stocks 10 years ago and make a killing today. Big deal.