Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Happy Summer 2021 Everyone!

Since Q2 is in the books for most companies, below are the updated prices for the morning of July 10, 2021 to continue the roaring 20's. ;-)

A general reminder that this thread is simply a look at some of the important large technology companies that hold a dominant percentage in their respective markets, and how the stocks have done since March 16, 2008 when a poster rightfully challenged the premise of investing for the longer haul with such companies in what he thought was an overvalued market at the time.

The poster that challenged the premise:

LifeForceDancr (Elmer Fudd)

Aliases:
LifeForceDance (7/16/2015), HelpfuLFD (10/23/2005), lifeforcedancerr (8/1/2005), lifeforcedanceri (3/14/2005), Hacktester (11/27/2002), Transfigurement (3/25/2002), LifeForceDancer (2/18/2002), stvfox (8/20/2001)

LifeForceDancr challenged the premise when he said this on 3/16/2008:

This is the most overvalued stock market in history. Stocks around the world began their crash today. Crickets? Just when this board starts to make a noise is when the market will get squashed again.

As well as this...in a previous post on this board from March 16, 2008 entitled Warren Buffet Was Right where he said:

To think that somehow the current environment is going to pan out differently in the long run is the height of foolishness. This board should be kept at the Fool indefinitely to remind us to stick to basic investing principles.

And so it is - at least while I'm still posting. How has the height of Foolishness panned out since those posts for investors who stuck to basic investing principles - especially with regard to the technology adoption life cycle?

To be fair, markets did indeed experience a mega-drop with the S&P 500 dropping 56.8% during the financial crisis from Q4 of 2007 to Q1 of 2009. It was the second mega-drop of 50% or more (or reversion to the mean event) for the majority of current investors had experienced following the previous dot-com bust earlier in that decade. History guides us that investors will indeed see more of those in the future since, on average, such mega-drops come along every 18 years or so.

In spite of that, here we are today as investors still focused on the longer term and seeing how the dominant technology companies share prices performed (including the drops).

This latest update is for July 9, '21....(share price appreciation alone - not accounting for dividends paid on those stocks that pay dividends where the returns would be higher for those stocks):

AMZN on that date closed at $66.53 on 3/16/08

AMZN 7/9//21 = $3719.34
AMZN 11/25/20 = $3181.19
AMZN 6/9/20 = $2613.90
AMZN 1/17/20 = $1866.74
Up 5490.5% since 3/16/08

*INTC on that date closed at $35.52 on 3/16/08

INTC 7/9/21 = $55.99
INTC 11/25/20 = $47.08
INTC 6/9/20 = $63.27
INTC 1/17/20 = $59.31
Up 57.6% since 3/16/08

*MSFT on that date closed at $22.15 on 3/16/08

MSFT 7/9/21 = $277.94
MSFT 11/25/20 = $213.90
MSFT 6/9/20 = $190.46
MSFT 1/17/20 = $165.74
Up 1154.8% since 3/16/08

GOOGL on that date closed at $210.15 on 3/16/08

GOOGL 7/9/21 = $2510.37
GOOGL 11/25/20 = $1768.85
GOOGL 6/9/20 = $1459.53
GOOGL 1/17/20 = $1462.04
Up 1094.6% since 3/16/08

*NVDA on that date closed at $16.56 on 3/16/08

NVDA 7/9/21 = $802.01
NVDA 11/25/20 = $529.09
NVDA 6/9/20 = $360.79
NVDA 1/17/20 = $247.89
Up 4743.0% since 3/16/08

*ORCL on that date closed at $17.36 on 3/16/08

ORCL 7/9/21 = $87.76
ORCL 11/25/20 = $57.43
ORCL 6/9/20 = $54.24
ORCL 1/17/20 = $55.04
Up 405.5% since 3/16/08

*QCOM on that date closed at $30.83 on 3/16/08

QCOM 7/9/21 = $141.43
QCOM 11/25/20 = $145.41
QCOM 6/9/20 = $89.83
QCOM 1/17/20 = $95.44
Up 358.74% since 3/16/08.

CRM on that date closed at $13.88 on 3/16/08

CRM 7/9/21 = $245.06
CRM 11/25/20 = $254.12
CRM 6/9/20 = $174.55
CRM 1/17/20 = $181.98
Up 1665.6% since 3/16/08

*AAPL on that date closed at $4.05 on 3/16/08

AAPL 7/9/21 = $145.11
AAPL 11/25/20 = $116.15 (Accounts for the 4 for 1 split)
AAPL 6/9/20 = $86.08
AAPL 1/17/20 = $78.95
Up 3482.9% since 3/16/08

NFLX on that date closed at $4.71 on 3/16/08

NFLX 7/9/21 = $535.98
NFLX 11/25/20 = $483.45
NFLX 6/9/20 = $434.43
NFLX 1/17/20 = $338.28
Up 11279.6% since 3/16/08

FB closed at $38.23 on 5/18/12

FB 7/9/21 = $350.42
FB 11/25/20 = $275.77
FB 6/9/20 = $238.82
FB 1/17/20 = $221.16
Up 816.6% since 5/18/12


BRKB on that date closed at $84.90 on 3/16/08

BRKB 7/9/21 = $280.49
BRKB 11/25/20 = $233.10
BRDK 6/9/20 = $196.05
BRKB 1/17/20 = $231.58
Up 230.4% since 3/16/08

*Added an asterisk to denote the companies paying dividends.

On average, the Gorillas are up 2777.22% on share price alone compared to Berkshire's 230.4% gain since Lifeforcedancr's post on March 16, 2008. Again, that does not include all the dividends paid along the way for the stocks that pay dividends (Apple, Intel, Oracle, Microsoft, Qualcomm, Nvidia).

S&P 500 on 3/16/08 = 1288.14
S&P 500 on 1/17/20 = 3329.62
S&P 500 on 11/25/20 = 3627.29
S&P 500 on 7/9/21 = 4369.55
Up 239.2% since 3/16/08

BB

Full Disclosure: I do own individual shares in all of the stocks listed above (yes, including Berkshire Hathaway). I have been working for one of the technology companies listed above the past 3 years, and I have a daughter who works for another one of the technology companies listed above for the past 4 years.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.