“That might be the kind of returns that you like.”
24% annual return over last ten years.
Up 60% over last three years.
It doesn’t matter if gains over basis are over 1000% over a long period of time. What matters is recent performance, which has been terrible, and reflects management’s current abilities and corporate direction. They bet big on AI, and it shows in stock performance.
Intel’s performance was terrible until current management took over and turned things around. Microsoft needs someone to turn it around.