The day Fred Wilson dumped AAPL

“I am selling my entire position in Apple this morning including the stock I bought earlier than last fall. My average price on my entire position in Apple is $96, so I’ll take a small loss on this and a small gain on the stock I bought during the meltdown last fall.”

Fred Wilson, A VC, January 7, 2009

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At the close of market Thursday, Apple was trading for $338.08, which means the shares he sold for $91.36 on Jan. 7, 2009 have since increased in value $246.72 (270%).