Apple Overvalued? Here's What Else You Can Get for the Price [View article]
bottom line is -- there are dozens of better, faster growing smaller companies out there that are much better values.
I wouldn't buy AAPL or any of the other big caps listed. People own AAPL because it's understandable and 'safe' compared to many fast growing Chinese companies people are afraid to study or understand. It's a very inefficient market. I know Lonely is short AMZN because it's overvalued... but I think that's also a bad investment. Much easier, simpler ways to make 50% a year than shorting a Street favorite.
Apple Overvalued? Here's What Else You Can Get for the Price [View article]
I wouldn't buy AAPL or any of the other big caps listed. People own AAPL because it's understandable and 'safe' compared to many fast growing Chinese companies people are afraid to study or understand. It's a very inefficient market. I know Lonely is short AMZN because it's overvalued... but I think that's also a bad investment. Much easier, simpler ways to make 50% a year than shorting a Street favorite.
Closing Update for Friday, August 14: Low Confidence [View article]
Rick -- you shouldn't tell other people to get their heads out of the sand until you get yours out of the clouds.