ACCOUNTABLE UPDATE
"See Through"
“One day, you will all be millionaires.”
It was 1976 and I was sitting in Mrs. Edmond’s 3rd grade math class at David Crockett Elementary in Marshall, TX when she made that statement. She was discussing the impact of inflation, also using milk and bread prices from the 1930’s to demonstrate the power of time and inflation on purchasing power. All I could focus on was that I was going to be rich!
Have you heard about Apple’s (AAPL) foray into the electric car world? There are rumors of an iCar, a possible alliance with Tesla (TSLA), driver-less technology, and who knows what else. I guess when you are the world’s most valuable company with $178 Billion sitting in the bank, just about anything is possible. However, GM and Chrysler have been in the car business for a long time and they don’t seem to have money burning holes in their pockets
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