Originally Posted by Asherian
But I know a great many people who now won't touch AAPL stock.
Think about that statement. Here we have a company that has not only been growing dramatically fast, but is even growing the rate of its own growth, and at the same time, despite being a tech stock is not over valued. I remember when Google and Amazon, and all those "darlings" were valued at 400 times earnings, and at that time they weren't growing as fast as Apple is growing now.
If Apple were priced like that, the stock would be $17,600 per share! Yet, I know a great many people who were falling all over themselves to buy mediocre companies at an equivalent of $17,600 a share!
People confuse the market with reality. The market is merely a price clearing mechanism. If nobody shows up to buy something, then its price will fall. If the item in question is Ferraris, are you going to say "Wow, Ferraris used to be really fancy, but now they're ugly cause they only cost $20,000!"
Pretty absurd, no? Its this lemming like behavior that provides great opportunities in the market for people who are rational.
Originally Posted by TBell
Part of the problem is the Stock market has long since drifted from a place to invest money. Investing means contributing money to a company to help it grow and to benefit from that "investment" if the company does in fact grow. Now, however, with the concept of short selling (and all the off shoots of that) the stock market has become nothing more than legalized gambling.
Wrong. You're a gambler because you don't know what you're doing and you wasted money. Because you wasted money by spending it on an asset you couldn't be bothered to research, you lost the money.... as well you should.
That doesn't mean the rest of us are being as stupid with our money.
I take extremely aggressive positions. Ones people like you would think are akin to gambling, but I have no interest in gambling. Gambling is where you don't control the situation and you have no way of knowing what the risks are, but you spend the money anyway.
Investing is where you've priced in the risk, found that there's an upside, and known how much you were going to make, conservatively, before you invested.
That's the key. IF you know in advance what your position is going to be worth, then you're investing.
Most people can't be bothered to do simple math.
And that's why great companies like Apple are on sale, giving people like me the ability to make money with no risk.
Originally Posted by Dude127
Come on...this article isn't going to help Apple...various companies had got their peak era and then fell down...Apple days are over...the 'i' is soon going to be replaced.
I find it hilarious that haters will say Apple "fell down" when its growing at %90 a year! Most companies never achieve that in their lives, and for most stocks, a reliable %25 growth would make them a fantastic investment.
Yet Apple, guiding at %80 for the next quarter has "fell down".
The internet-- where I go to watch idiots in their natural habitat!
Originally Posted by Snowdog65
Why does this stock booster article (by a company that owns stock) claim P/E of 8.25 on the front page when the actual P/E is 13?
P/E can be calculated multiple ways, for instance, on the trailing 4 quarters earnings, or on the projected next 4 quarters earnings, or by taking the current quarters earnings and multiplying it by 4.
Originally Posted by bwik
None of them are Apple founders. Steve died. Apple's brass are business leaders exactly like every other business leader.
If you believe this, Sell your apple stock now. As far as I'm concerned, Apple went under in the 1990s and Apple now is Apple 2.0, a company built from scratch from the ruins of the old Apple. Its founders include Jonny Ive and Tim Cook.