The one stock that turned R10,000 into R121 million over 25 years

Jamie McKane

MyBroadband Journalist
Staff member
Super Moderator
Joined
Mar 2, 2016
Messages
7,000
The one stock that turned R10,000 into R121 million over 25 years

Monster Beverage Corporation, an American beverage company that manufactures energy drinks, is the best performing company in the S&P 500 Index over the last 30 years.

According to data shared by Charlie Bilello, founder and CEO of Compound Capital Advisors, the company provided a total return of 295,805% since it listed in 1995.
 

WalkWithMe

Well-Known Member
Joined
Dec 10, 2016
Messages
315
What if you found gold 50 years ago and sold it today. You would be rich
 

Creag

The Boar's Rock
Joined
May 19, 2009
Messages
39,907
This means if you invested $10,000 in Monster Beverage Corporation in August 1995, you would now have $29.59 million.

If you were a South African who invested R10,000 in the company in 1995 your return would have been even more impressive.

In August 1995, one US Dollar cost you R3.65. Fast forward 25 years and one dollar now costs around R15.00.

An investment of R10,000 in Monster Beverage Corporation in August 1995 would therefore now be worth R121 million.
Maybe it is just a small case of needing coffee, two Myprodol and a little time. But something in this equation hurts me (in the logics). Is UD $29.59 million not significantly better than R121 million? If I had invested $10,000 in 1995 and I take it out today at $29.59 million, surely this is not R121 million.

Yeah, maybe I need that coffee to understand this equation :coffee:
 

wingnut771

Honorary Master
Joined
Feb 15, 2011
Messages
11,817
Maybe it is just a small case of needing coffee, two Myprodol and a little time. But something in this equation hurts me (in the logics). Is UD $29.59 million not significantly better than R121 million? If I had invested $10,000 in 1995 and I take it out today at $29.59 million, surely this is not R121 million.

Yeah, maybe I need that coffee to understand this equation :coffee:
coz the rand went to **** during that time. Think it was R4/$ in 95, now it's R15/$.
 

pb41

Well-Known Member
Joined
Feb 21, 2008
Messages
161
Another massive ex-South African success story in the form of long-standing shareholder and CEO, Rodney Sacks.
 

Creag

The Boar's Rock
Joined
May 19, 2009
Messages
39,907
****, I just did the calculations, you're right. 29 million dollars is R435 million rand at todays exchange rate.
And this is the bit I am struggling to work through. It is work substantially more than R121 million with or without erosion because of the exchange rate. So, as my coffee, strong, black starts to weave its magic within my tired mind, I think that the Staff Writer needs to explain this a bit more...

@Hanno Labuschagne
@Jamie McKane

Can someone have a look at the maths and logic of this article? :unsure:
 

wingnut771

Honorary Master
Joined
Feb 15, 2011
Messages
11,817
And this is the bit I am struggling to work through. It is work substantially more than R121 million with or without erosion because of the exchange rate. So, as my coffee, strong, black starts to weave its magic within my tired mind, I think that the Staff Writer needs to explain this a bit more...

@Hanno Labuschagne
@Jamie McKane

Can someone have a look at the maths and logic of this article? :unsure:
It sounds like they're using 95 exchange rate whatever that was. Rough estimate of R4/$ = R118million.
 

Creag

The Boar's Rock
Joined
May 19, 2009
Messages
39,907
The first cup of coffee now needs a partner ... I guess we will not get someone from the nice MyBB staff writing people helping with their insight ... pity :(
 
Top