The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. oldmanram

    oldmanram Well-Known Member

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    WXYZ , were you living in Seattle at the time ? I know that as a Seattleite, MSFT was in most local investor portfolio's , to one degree or another, and I concur, those splits WERE LIFE CHANGING !!! It was the first time I remember thinking , WOOW , This could be HUGE , and for a lot of people in Seattle it was. Back then most of us knew someone that worked at Microsoft. And a little bit of Seattle History, Since when it was starting up bonusses etc. were paid in Microsoft stock, and there were a lot of people that all of a sudden were moving to nicer neighborhoods. Buying new car's etc.
    We used to call them the "Microsoft Millionaire's"
     
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  2. WXYZ

    WXYZ Well-Known Member

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    Keep in mind Strathmore....I dont know a single person in my life or on the perimeter of my life that did what we did in business or investing. A very RARE thing.

    For that to happen to anyone there has to be a large amount of....LUCK. At any of the critical turning points we faced in our earlier life it could have gone down a very different path.

    BUT.......looking back at College, sports, music, investing, business.....success happened in spite of not being the smartest or the most talented.
     
  3. WXYZ

    WXYZ Well-Known Member

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    YES oldmanram I lived in Redmond from 1990 to about 2001. Before that I lived in Tacoma and than Gig Harbor. I lived in Washington state from 1968 to about 2000/2001.
     
  4. WXYZ

    WXYZ Well-Known Member

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    I know what you mean about MSFT millionaires. When I lived in that CEO neighborhood there was a family two houses down from us where the father....had a Microsoft employee number under 100. They had insane money by the late 1990's....even though he was not a super high level guy at the company.

    LOL...we bought a lake cabin......they bought an entire lake and resort...just for their family. CRAZY STUFF.

    Living there gave me great awareness of

    SBUX
    NKE
    COST
    MSFT
    HD

    And probably some others i am not thinking of right now.
     

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