Why I bought AAPL on Oct 8

Thursday, October 25, 2007 by Dave Winer.

First, let me gloat.  

I bought $49,761 of AAPL on Oct 8.  

My investment is now worth $54,933. 

That's 10.5 percent growth in less than a month. 

Hah! 

I bought the stock because I was going to buy everything Apple sold from now until forever. The last product I had yet to purchase was the company's stock. That was a mistake. The beauty of owning the stock is that you can use the increase in value to fund the hardware habit. So far so good.  

My very dear friend Sylvia Paull bought an iPod a month ago. In a blog post today she calls it a gateway drug. Having read early reviews of the new operating system, she's ready to buy a 24 inch iMac.  

I recognize the signs.  

It's like a virus I tell you. 

PS: I just checked on at the Apple store. My family pack of Leopard has shipped, and will arrive tomorrow by 10:30AM. Now that's cool! No penalty for ordering online vs visiting the store. Way to go.