alt Hacker NewsIt peaked at $18B market cap in 2000. Adjusted for inflation this is 18x1.93=34.74B.
Today’s market cap is 45.35B.
It isn’t down, but it isn’t up much since 2000.
It peaked at $18B market cap in 2000. Adjusted for inflation this is 18x1.93=34.74B.
Today’s market cap is 45.35B.
It isn’t down, but it isn’t up much since 2000.
I’m not sure why I used inflation instead of the risk free rate. I guess I’m rusty!
It has earned ever so slightly more than the risk free rate since 2000. On an absolute basis it is a terrible investment. On a relative basis it is also a terrible investment. On a risk adjusted basis? Abysmal.