It’s funny to me how the exact same actions can result in wildly disproportionate outcomes depending on the circumstances that surround it. One stock-market example of this is the price you pay to acquire your ownership position in a given stock.
Let’s say you read the annual report of General Electric stock and concluded that it is a company worthy of a $25,000 investment.
If you made that decision in 2010, you paid $15 for each share of the stock. You would own 1,670 shares of the stock.
If you made that decision in early 2015, you paid $25 for each share of the stock. You would own 1,000 shares of the stock.