3 ms·
+1 Under Bezos, AMZN maintained an average 34% inflation-adjusted annual growth rate for 24 years! Source: $1.73 in May 1997 would be worth the same as $2.89 i
by bumbledraven 5y ago
+1 Under Bezos, AMZN maintained an average 34% inflation-adjusted annual growth rate for 24 years!
Source: $1.73 in May 1997 would be worth the same as $2.89 in April 2021 (https://www.bls.gov/data/inflation_calculator.htm https://www.bls.gov/data/inflation_calculator.htm), and $2.89 x^(2021 – 1997) = $3,293 implies x = 1.34 (https://www.wolframalpha.com/input/?i=2.89*+x%5E%282021-1997%29%3D3293 https://www.wolframalpha.com/input/?i=2.89*+x%5E%282021-1997...).
- JohnJamesRambo 5y agoI was wondering if we have some early investors here that have held the whole time and if they would like to share some stories. Going from $1.73 to $100 and back down to $5 after the 2000 bubble must have been quite the wild ride.