Consider this
If you had 100 shares of VMware stock, each worth $100 in May 2022, your total investment would have been $10,000.
Broadcom announced the acquisition of VMware later that month @ $142 per share.
After the acquisition, due to a 10-to-1 stock split, your now had 1,000 shares of Broadcom.
As of yesterday, avgo is at $225, making your original shares worth $225,000.
To achieve this same growth through a fixed interest rate investment over the 2.5-ish years from May 2022 to December 2024, you would have needed an annual return of approximately 233%
Let that sink in for a bit.
If you do the same math for NVidia , 100 shares in May 2022 @ 187 is around $19K. A stock split of 10-1, so 1000 shares @135 now worth $135k. That’s a fixed interest rate of 115%
So Hock has given you 2x more in returns than the poster child of growth, nvidia.
Time to take some money off the table if you survived this long.
I wish many colleagues were not laid off - many id--ts still remain - in particular middle managers who don’t deserve any of this profit - but that is the case at every large company.
To the Hock haters, it isn’t sustainable to run a company like a woke party and not efficiently run the business.
Could Hock be less extreme - yes - however, if you survived this long you should be grateful for having participated, unwillingly or not, in one of the best and likely life changing investments of your life.
You will get no sympathy from anyone that you don’t get Betsy’s or Pat’s hugs anymore,’or that you have to show up to an office and zoom with remote colleagues. Su-k it up for a few years and take the money and run. Find meaning elsewhere with your profits if you were lucky enough to get rich.
If you didn’t get rich , it’s because your job level is too low and you should look for work elsewhere, as there is no upside for you, just pain.