Investing in Apple, Forrest Gump
Investing in Apple, Forrest Gump
Anna Muižniece
• Lt. Dan made the investment in ‘’The fruit company’’
a.k.a. Apple in 1976, however Apple went public
(distributed shares to be traded in the market) only in
1980. That means that Forrest was “angel investor” – he
funded Apple while it was still a small startup
• We don’t know how much of the shrimping money Lt.
Dan invested but considering Bubba Gump success, we
can assume it was around 100,000 USD. (And let’s
assume that he invested when Apple went public in
1980. Apple didn’t have to provide its financial data to
public before)
• This is what happened to share prices after Apple went
public :
0,51 USD
1,10 USD
318,73 USD
If Forrest invested $ 100,000 in 1980 in
Apple (~196,078 shares) :
Remember that Forrest invested even before Apple went public which means that his returns would be even higher
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