With inflation considered, Intel’s loss and that of Microsoft were probably bigger than Facebook’s.
I don’t own any Facebook stock, so, no loss to me. And, if Facebook went kaput altogether, I would consider that a big gain for the country and the world.
Exactly! I was going to make much the same point, before I got sidetracked by replying to #56.
It’s just incredibly wrong to make such comparisons, without adjusting for inflation.
In constant 2018 dollars, Intel lost $132.78 billion.
Microsoft lost $107 billion.