Timeline Strategy Consulting

Why You Don't Need an Informational Advantage, Just an Emotional One

Interesting insight. With regard to Apple, I completely agree.

How can analysts, who presumably have access to extensive research and analytical resources, continue to miss the strategic and financial importance of what Apple is doing? It seems like, instead of looking 18-24 months ahead to define winners and losers in specific markets, they look at trailing 1-3 month share price movements and issue upgrades or downgrades based upon those movements.

Case in point - Apple hit $80 or just below in late 2008, and again in January 2009. At each point, rather than looking at the underlying financial condition, strategic position, and growth potential of Apple, many analysts just said 'more of the same', thus depriving anyone who took their advice of a stock at bargain basement pricing.

John Maynard Keynes said something to the effect of trees not growing to the sky, with roots not going to China either. Analysts would be wise to take that advice, and remove the emotion from their judgments.

Hedge Fund Tracking: Bruce Kovner's Caxton Associates, Q3 2008

I reached this page via the AAPL finance page, and I am an AAPL investor (currently unresolved on AAPL short term but long in the long term).

Can anyone please tell me why all of these hedge funds have tended to reduce or remove AAPL positions? I can imagine that they were shorting it when it was $170+, but why they are not long now, at least with some small % positions, is not clear.

Any thoughts?

Big Money Managers Are Cautiously Bullish - Barron's

@mlibby - one thing that I get is SPELLING. Oh, and GRAMMAR. I feel for you if you don't.