Posted by & filed under Growth & Valuation.

Description:  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 – video report
 
Date: 05/18/2010

Link: http://www.marketwatch.com/video/asset/steve-jobs-makes-the-worst-trade-ever/74CD1F05-723A-4E63-BB16-DA4AC94AFFD5

Questions for discussion:

  • What does this report tell you about the ability to evaluate options and stocks?
  • Are you surprised by Jobs’ choice?

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