Payne's Perspective: October 3, 2022: When the Emperor Dies
After defeating the sixth powerful warring tribe in 221 BC, Qin Shi Huang declared himself Emperor of a united land that he called China. The Qin Dynasty:
Emperor Qin is best known for his massive tomb guarded by an entire army of life-sized soldiers and horses. This grand achievement along with his rise to power made Qin a legend, however.
More than a King: An Emperor
In the stock market, there is one stock that has risen above the rest to become something akin to an emperor: Apple (AAPL). The stock’s legendary run once said the shares are up more than 68,000% from 2003. Now it is only 53,000%. There has never been a company that has earned so much money, and still, its global domination continues to grow as it takes market share in smartphones and is coming on strong in industries that will be ubiquitous parts of our lives in the future.
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