Across the United States, there are over 600,000 individuals who receive live updates for business developments regarding the stock of Advanced Micro Devices (AMD). This tech company manufactures chipsets, microprocessors, and embedded systems applications. In some niches, it is the second largest competitor to Intel. And well, there are a lot of people out there who think that AMD will create the kind of 21st century wealth that Intel created for shareholders during the second half of the 20th century (and as you know from our past discussions, that means mind-boggling money as the $18 billion opportunity cost to the Grinnell endowment indicates).
One of the things that you need to study carefully while waiting for a business model to mature is the cost of your patience. When you own shares of a business that is unprofitable, you need to undergo an honest analysis of the expected time … Read the rest of this article!
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