Yeah, the guy is obviously an idiot. He didn’t make millions holding on to an overpriced asset. He’s like those morons that sold their Cisco stock in 1998. What a fool.
Borat – Great example. You proved Chris’ point.
On April 3, 1998 Cisco closed at 11.78.
Today it is at 26.
That’s an annual return of over 9% per year during some of the worst years for the stock market out of the last 30 years.
