Interesting how much of a difference being in the "right" stock makes...
I saw that Chipotle Mexican Grille (CMG) was going to be down "pre market" about $46 bucks a share. So of course I had to go see what that was all about (I don't own it)... Seems they only grew their net income 52% for the quarter. What bums!! (being factious here).
Being the stock investigator I am... it's a habit... I always learn something snooping around. I decided to pull up their chart. Bumpy?!?!? OMG.... so real roller coaster ups and downs there to be sure... but remember the big goal? Lower on the left and higher on the right! It's UP 600% in five years. HUGE.
So I overlay McDonalds (MCD) over the chart ---- it's UP 50% in five years. Not horrible. Not the 100% in that time that many stocks are - but it always was a good steady grower. Older bigger companies don't grow as fast as smaller new companies (generally). But 50% vs 600% ----- WOW. So the point is down 50 bucks today isn't a big deal if you've owned the shares for more than about 6 months. LOL
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