Description:Â Brett Arends tells us about one of the greatest trade blunders ever – a decision by Steve Jobs in 2003 to accept a safer but much lower returning investment in exchange for his 55 million Apple Stock options, now worth nearly $13 billion.
Source: Marketwatch.com â€“ video report
Questions for discussion:
- What does this report tell you about the ability to evaluate options and stocks?
- Are you surprised by Jobsâ€™ choice?