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re: Financial blunder stories

Posted on 4/18/16 at 1:59 pm to
Posted by Sisyphus
Member since Feb 2014
1867 posts
Posted on 4/18/16 at 1:59 pm to
Always a favorite:

Posted by DirtyMikeandtheBoys
Member since May 2011
19434 posts
Posted on 4/18/16 at 2:11 pm to
Not entirely accurate. That stock has split numerous times. Yes, 10% on Apple is probably worth that dollar figure today. But Ronald Wayne's 1976 10% is likely much closer to .01% of today's shares. Still a shitload of money, and he'd probably be a billionaire, but not $58 billion.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 4/18/16 at 4:22 pm to
Yep, Ronald Wayne is a good one.

Another one is that Domino's Pizza was started by two brothers. At some point they were in bit of trouble and one brother wanted out, so he sold his half to his brother for a few hundred.
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