The Bureau of Historic Losses · Counterfactual Division
What if you'd bought Broadcom in 2023?
Split-adjusted near $56 and pitched mainly as a dividend-paying conglomerate mid-way through buying VMware. Then hyperscalers' appetite for custom AI accelerators turned Broadcom into one of the few names that could actually supply them.
$100 on 2023-01-03, worth today
US$724
As of 2026-06-12, $100 of Broadcom bought at 2023's open (US$52.81) is worth US$724 — 7.24×.
total return · dividends reinvested · USD
How much would $100 of Broadcom bought in 2023 be worth today?
| You'd have put in | You'd have now | Multiple |
|---|---|---|
| US$100 | US$724 | 7.24× |
| US$1,000 | US$7,235 | 7.24× |
| US$10,000 | US$72,351 | 7.24× |
Lump sum on the year's first trading day, total return (dividends reinvested, splits adjusted), valued at the latest close. Past performance isn't a promise — it's a taunt.
What did Broadcom do in 2023?
Opened
US$52.81
2023-01-03
Peaked
US$111.42
2023-12-18
Bottomed
US$52.81
2023-01-03
Closed
US$108.93
2023-12-29
Levels are dividend-adjusted, so historical figures look lower than the headline price of the day — that's the total-return lens, and it's the honest one.
Would steady buying have beaten going all in?
US$18,000 deployed as $100 a week from 2023-01-03, under four temperaments — same money, different nerves.
| All in on day one | US$130,231 |
| Steady weekly buys | US$51,642 |
| Sold dips, rebought rallies | US$43,781 |
| Traded it perfectly | US$65,069 |
“Traded it perfectly” requires knowing the future. Nobody knew the future.
The same $1,000, elsewhere
$1,000 at 2023's open, each valued at the latest close. Hindsight remains undefeated.
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