Is Google outsmarting everyone?. It is quite possible.
Financially, the $2k that I didn’t invest in Apple in 2003 and the $2k I didn’t invest in Google when it debuted are worth around $25k total right now. Apple has gone up about 10x since when I thought about buying it and Google has gone up about 7x. Knowing that I would have only made “small” bets on these companies, and knowing that I would have 99% sold my stakes in them when they simply doubled or tripled, are the only things keeping me from kicking myself on a daily basis.
Some investment decisions should be made by your gut and invest in Apple when the first generation iPod came out and investing in Google when they pulled their dutch auction IPO were no-brainers. I think that is why they are called “no-brainers” – because if you use your brain, you’ll probably think yourself out of making the right decision.
Via Alex (who also crafted the nifty title on another blog post)