Liam, the graduate (see previous post), mentioned on the weekend that he wants to invest in Google when he sells the Mustang his grandmother just gave him. (See this post.)
We’d better sell it soon. Google shares hit $304 yesterday – having started below 100, ten months ago. The NYT asks,
"how do you embrace a stock that has more than tripled in 10 months and cracked the $300-a-share barrier so quickly since going public that much of its growth potential seems already built into the price?"
Hat tip: Terry Storch