Yes, my calculations (which I have to emphasize were rough) included the stock splits, at least most of them. They'd've had to, really, since the stock closed today at $24.84, which wouldn't exactly be a stellar profit on a $21 investment.
As for which is more lucrative, you may be right, but only because, after a certain point, having more copies of Action Comics #1 would actually make each worth less. Were that not the case, though, it would most certainly be more lucrative.
Consider: In 2002, a near-mint copy of the comic sold for $86,400. If you bought one for 10 cents in 1938, you could get at least a 8,639,900% profit today, after 67 years. (Assume that whatever cost you might take on for keepng it safe over the years is probably offset by the better quality than all others extant.) Anyway, that gives you a profit of about 128,754% for each year you held the investment. If, OTOH, you'd bought a share of MSFT in 1986 for $21 and sold the equivalent shares you'd have today (after the splits) for, let's say, $9000, you'd make a profit of 42,757% total, or 2,250% for each year you held the investment. No comparison there.
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Date: 2005-07-01 05:15 am (UTC)As for which is more lucrative, you may be right, but only because, after a certain point, having more copies of Action Comics #1 would actually make each worth less. Were that not the case, though, it would most certainly be more lucrative.
Consider: In 2002, a near-mint copy of the comic sold for $86,400. If you bought one for 10 cents in 1938, you could get at least a 8,639,900% profit today, after 67 years. (Assume that whatever cost you might take on for keepng it safe over the years is probably offset by the better quality than all others extant.) Anyway, that gives you a profit of about 128,754% for each year you held the investment. If, OTOH, you'd bought a share of MSFT in 1986 for $21 and sold the equivalent shares you'd have today (after the splits) for, let's say, $9000, you'd make a profit of 42,757% total, or 2,250% for each year you held the investment. No comparison there.