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Impact of Stock Splits on Investment and Wealth Creation
Investing $1,650 in 100 shares during the original public offering, which went through nine two-for-one stock splits, would result in 51,200 shares today. With the current share price at nearly $60, the investment would be valued at around $3 million, contributing significantly to the wealth of investors. The success of the stock has played a crucial role in creating the impressive net worth of the Walton family. The speaker emphasizes the importance of collecting information and learning from others as a key factor in their success.