Brian Langis, writing for Seeking Alpha [Free reg-wall]:
The real story for early Apple investors, however, wasn’t all sunshine and rainbows. This is not your classic “buy and hold” fairy tale. If you would have bought Apple at the beginning and held on to it, you would have been clinically depressed for a good part of your life, unless you get joy out of pain. I did open my article by mentioning that Apple is a multi-bagger, but you needed an 80% loss twice in order to get it.
A fantastic walk through Apple’s stock price ups and downs since it’s original 1980 IPO. Before you start reading, pretend you invested $1,000 in 1980 and take a guess at how much that would be worth today.