NY Times July 30, 1987: Microsoft buys Forethought, maker of PowerPoint, for $14M in cash Today: PowerPoint has 500M usersMicrosoft Office is $30B+ revenue per year$14M of Microsoft stock from July 1987 would be worth ~$10B today This is a good example of the "moat" Warren Buffett always talks about. In a way Bill Gates... Continue Reading →
Thought of The Day
8th May 2020 The further a society drifts from the truth, the more it will hate those that speak it. — George Orwell
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