Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Buy And Hold

July 2, 2019June 30, 2019

Seeing little value to having it sit forever in a file drawer, Ronald Wayne sold his copy of a 1976 contract he’d signed with Steve Jobs and Steve Wozniak for $500.  A nerdy collector’s item.  Why hang on to it?

A couple of decades later, in 2011 — and this has got to smart — that document sold at auction for $1.59 million.

(Oh: and the document itself gave Mr. Wayne 10% of Apple which, had he not sold it back to them 12 days later for $800, would today be worth $92 billion.)

Just saying.

 

Post navigation

← Fat Shaming: Not The Way To Go
Equal Justice Under The Law →

Quote of the Day

"There are two ideas of government. There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them."

William Jennings Bryan, 1896

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Billions! How This Column Got Started. But first . . .

    March 6, 2026
  • A.I.: An Upbeat View

    March 5, 2026
  • Mr. Popularity

    March 3, 2026
  • Save Money: Give Me $100

    March 3, 2026
  • Two Things Can Be True At The Same Time

    March 2, 2026
  • Operation Epstein Fury

    February 28, 2026
  • Of Freedom And Pedophilia

    February 28, 2026
  • The Intelligence Explosion

    February 26, 2026
  • Bursting With Things To Share . . .

    February 26, 2026
  • Defying Putin's Puppet

    February 23, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams