Investing

Oct 28, 2005 15:12

I don't often make economic predictions.

But back in April, I posted a short article about google, and how they seemed to be launching a horde of new and exciting features. The image I included was a 3-month chart of the stock, which pulls directly from yahoo's servers, allowing readers to see how it's doing at any given time. The implication was that you could check the validity of my claims of google's coolness by watching their stock rise.

Well, it's been over 3 months and that chart is not very useful. So I'll link a new one here instead. This one's a 2-year chart. My initial post was made in April of 2005. As of this posting, google stock has about doubled.



Am I suggesting you invest in google? No, not now. The google stock jump is all over the news, which means everyone will be trying to get in on the deal. The time to invest would have been back in April. Or earlier, if you beat me to the punch of recognizing a good thing.

I'm really only bringing this up to call attention to the fact that I made a good call. Sometime in the next few years, I'll probably make another prediction. It could be wrong, it could be right - but after the way this one turned out, I'm feeling pretty confident.
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