Stock Picking Matters: Apple v Microsoft
Posted By Global Macro Monitor On November 28, 2012 @ 8:30 am In Think Tank | Comments Disabled
Stock picking is true for even us Global Macro types.
Past may not be prologue as the WSJ article [1] from where the chart is sourced argues, but this is one incredible 10-year outperformance.
Microsoft for the past decade also has paled in comparison as an investment. Someone who invested $10,000 in Microsoft stock 10 years ago and reinvested the dividends would have about $13,000 today, according to FactSet. The equivalent figure for Apple would be $700,000.
- Wall Street Journal [1]
Hat tip to the great Jason Zweig [2] via Twitter!
[3]
(click here [4] if chart is not observable)
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2012/11/stock-picking-matters-apple-v-microsoft/
URLs in this post:
[1] WSJ article: http://online.wsj.com/article/SB10001424127887324595904578121334162054890.html
[2] Jason Zweig: https://twitter.com/jasonzweigwsj
[3] Image: http://macromon.wordpress.com/2012/11/27/why-stockpicking-matters/nov27_apple-v-softie/
[4] here: http://macromon.wordpress.com/2012/11/27/why-stockpicking-matters/
Click here to print.