$AAPL $HD
A 45-year lesson that applies to crypto too
Home Depot and Apple both IPO'd in 1981. A $1,000 investment in each, held until today, and Home Depot actually outperforms Apple in total returns — according to numbers run by the Acquired podcast.
That's a wild stat. Home Depot isn't flashy — it's hardware stores and home improvement. But steady, high-margin operations with real network effects compounded into the highest-returning stock of the last 45 years, beating the most iconic tech company of the era.
The lesson for crypto: the most exciting, hyped project isn't always the best long-term hold. "Boring" infrastructure — payment rails, data layers, real-world settlement systems — can quietly out-compound the flashy narrative coins over a long enough timeline.
Makes you wonder: which "boring" crypto infrastructure project today looks unremarkable now, but might be the story everyone points back to in 2045?
#CryptoInvesting #LongTermThinking #Web3
A 45-year lesson that applies to crypto too
Home Depot and Apple both IPO'd in 1981. A $1,000 investment in each, held until today, and Home Depot actually outperforms Apple in total returns — according to numbers run by the Acquired podcast.
That's a wild stat. Home Depot isn't flashy — it's hardware stores and home improvement. But steady, high-margin operations with real network effects compounded into the highest-returning stock of the last 45 years, beating the most iconic tech company of the era.
The lesson for crypto: the most exciting, hyped project isn't always the best long-term hold. "Boring" infrastructure — payment rails, data layers, real-world settlement systems — can quietly out-compound the flashy narrative coins over a long enough timeline.
Makes you wonder: which "boring" crypto infrastructure project today looks unremarkable now, but might be the story everyone points back to in 2045?
#CryptoInvesting #LongTermThinking #Web3
