Let's say I have $10,000 to invest and I want to invest all of that money in Apple Inc. (AAPL).
Just for the sake of argument, looking at Apple's ROE for as far as 2008, I realize it almost never went below 30%, and let's say I want to commit to this investment for at least 20 years (meaning I will buy Apple shares worth $10,000 today, and never ever touch'em for at least 20 years!).
So, doing a quick compound interest calculation (using this, for instance); my shares, bought at $10,000 today, can be worth $3,747,379.65 in 20 years (if not more).
I know I am oversimplifying this, but is there an elephant in the room, or am I missing something REALLY BIG?