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world's first trillion dollar company

His net worth just before it was broken up was about 1 billion, so with some online calculator it equates to this:

In 2006, $1,000,000,000.00 from 1915 is worth:
$20,698,151,950.72 using the Consumer Price Index
$15,184,662,567.63 using the GDP deflator
$0.00 using the value of consumer bundle
$87,791,208,791.21 using the unskilled wage
$114,408,906,306.59 using the nominal GDP per capita
$341,172,852,565.74 using the relative share of GDP
 
chinese stocks are going crazy. 100% increase in a month! lol
im tempted to buy some too!! please tell me why i shouldnt
 
Originally posted by: luv2liv
chinese stocks are going crazy. 100% increase in a month! lol
im tempted to buy some too!! please tell me why i shouldnt
Click to expand...
Yes, buy when shares are high. That's what all good investors do.

 
Originally posted by: LS20
Originally posted by: luv2liv
chinese stocks are going crazy. 100% increase in a month! lol
im tempted to buy some too!! please tell me why i shouldnt
Click to expand...

sarcasm rite?
Click to expand...

no sarcasm. i've been looking at some like chu, cha, sohu....
 
This is going to end badly for a lot of Chinese who keep pushing up stock prices believing their government will not allow prices to crash.
 
Originally posted by: BrokenVisage
Berkshire Hathaway still has the most ridiculous stock prices.
Click to expand...

But look at the historic returns. Something is only "expensive" if you pay a lot for it but you don't get a lot for your money. However, Berkshire Hathaway's fortune rests on one man. Warren Buffet. And that dude is getting old. Nobody lives forever. The day he dies, whoever is still heavily in Berkshire Hathaway is gonna loose their shirt.
 
chinese can't invest their money in stock markets outside China. So all they can do is feed into their own stocks which pushes the prices higher and higher.

from that article it doesn't look like PTR's future is that bright.
 
Originally posted by: ahurtt
Originally posted by: BrokenVisage
Berkshire Hathaway still has the most ridiculous stock prices.
Click to expand...

But look at the historic returns. Something is only "expensive" if you pay a lot for it but you don't get a lot for your money. However, Berkshire Hathaway's fortune rests on one man. Warren Buffet. And that dude is getting old. Nobody lives forever. The day he dies, whoever is still heavily in Berkshire Hathaway is gonna loose their shirt.
Click to expand...

Looks like Pliablemoose might loose his shirt.
 
Originally posted by: FoBoT
will a depression in China help us? i can't wait
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I doubt it. As time goes on, the global market is going to take its cue from China and a few other countries in the region a lot more than from the United States. In fact, it's already happening.

China is also throwing a lot of money over here so that we can maintain our ridiculous budget deficit.
 
Originally posted by: rstrohkirch
His net worth just before it was broken up was about 1 billion, so with some online calculator it equates to this:
Click to expand...

Rockefeller was worth more after the break up of Standard Oil.
 
one word: bubble





with the amount of corruption, insider trading and lack of oversight happening in the chinese markets, you may as well just give your money away than purchase stock there.
 
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