Seeing little value to having it sit forever in a file drawer, Ronald Wayne sold his copy of a 1976 contract he’d signed with Steve Jobs and Steve Wozniak for $500. A nerdy collector’s item. Why hang on to it?
A couple of decades later, in 2011 — and this has got to smart — that document sold at auction for $1.59 million.
(Oh: and the document itself gave Mr. Wayne 10% of Apple which, had he not , would today be worth $92 billion.)
Just saying.
Editors Note: This article was originally published on July 2nd, 2019 on andrewtobias.com, syndicated with permission.
An American writer and public figure, Andrew Tobias has written extensively about politics, finance and insurance. Andrew is also a graduate of Harvard University and is the author of numerous books including; The Only Investment Guide You’ll Ever Need, The Best Little Boy In The World, and Invisible Bankers: Everything The Insurance Industry Never Wanted You To Know.
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