Hacker News Reader

Yeah when you gain 59% in value in a single year during a pandemic that will do it.

Bezos net worth has also gone up 80B (to 190B, even after a divorce haha). Musk up 60B while Tesla has a what, 900 PE ratio? Zuck up 20+B. The pandemic has served our tech overlords well.

Your first T is always the hardest

Well, it is about 30 doublings from the first dollar

I believe 30 doublings are about a billion. The poster is referring to a "Trillion".

Yep, and that's just 40 doublings. Add 10 doublings to go up 3 orders of magnitude.

oops, I was even thinking billion when I thought about it. Nice little slip where Trillion and dollars probably don't really mix that often

They hit $1T on August 2nd, 2018.

https://www.washingtonpost.com/business/economy/apple-is-the...

Cook's Law: Apple's value will double approximately every 24 months.

I was actually surprised when I read it because I felt the same way.

Have you heard of Benford's Law? https://en.wikipedia.org/wiki/Benford%27s_law

The first time some natural process hits the first digit = "1" is the hardest, then the next digits are just a power law of frequency from that.

Is this a sign of pending hyper inflation?