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> A $1 million bet on Netflix’s stock placed on Jan. 1, 2010, would be worth close to $43 million today. Same goes for AMD, in 2016 it was just $1.8, now it’s
by usaphp 7y ago
> A $1 million bet on Netflix’s stock placed on Jan. 1, 2010, would be worth close to $43 million today.
Same goes for AMD, in 2016 it was just $1.8, now it’s $47. Incredible growth in just 4 years
- swarnie_ 7y agoWSB validation. Sweet Mumma Su always brings the goods but she can be a cruel mistress sometimes.
- axaxs 7y agoThat one hurt. AMD had hired Keller, and rumblings of a new generation were afoot. I'd just bought a house and had no spare cash, so told my trusted coworker to go all in on AMD. He had no spare cash either. Now we once a year have the 'so...AMD...yup...yup' conversation.
- omnimus 7y agoAnd now they don't have Keller so... sell quickly?
- eganist 7y agoEh they still have Papermaster. Disclosure: I went long AMD in 2009 and doubled my bet when Mark joined.
- dangus 7y agoHindsight is 20/20. If in an alternate universe Intel had their 7nm process going by now as they should, AMD would be once again “nearly as fast” or “just as fast” and nobody using Intel for anything serious would switch over. Intel would have matched the price and that would have been that. AWS has AMD compute available simply because it costs 10% less, and you still have to opt-in. Would AWS have bothered with the offering if AMD simply cost the same? AMD hit a complete once-in-a-lifetime home run on the design and execution while Intel has missed a bunch of dates on their roadmap they expected to make. The AMD CEO herself said that she didn’t expect to be ahead of Intel. What I’m saying is that your bet would still have been a casino bet.
- echelon 7y agoWhat's next? Any guesses as to future meteorically rising stocks?