Re:Rethinking Triplebyte
by nostrademons on Friday June 18, 2021 @12:24PM
(#27551998)
FB in May 2019 = $177.47, today = $332.04, 87% appreciation.
AMZN in May 2019 = $1775, today = $3496, 96% appreciation.
AAPL in May 2019 = $43.77, today = $130.87, 198% appreciation.
GOOG in May 2019 = $1103, today = $2508, 127% appreciation.
That's all over the last 2 years. Market low was apparently Dec 2018, before the Fed started cutting interest rates, so the numbers are a bit bigger since then. They were pretty steady through 2017-2019, so anyone who got grants or refreshers during those time periods has benefitted from that appreciation.
They’re all doing well, but even Amazon hasn’t doubled their stock since prepandemic.
There are definitely more people making 1m/yr at FAANGs than their were last year, but I agree with others that it’s not “a lot.”