The myths of stocks for the long run?
The adjusted closing price of McDonald's on June 1, 1980 was one cent a share. It is now 158.68. 15,868 times the price it was only 38 years ago.
The adjusted closing price of Home Depot on October 1, 1981 was 2 cents a share. It is now 198,56. 9,928 times the price it was only 37 years ago.