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hm, there is a valid criticism to be had but "wrong" isn't the word I would use. there isn't anything wrong with Apple's stock selling off violently, as much a
by cloudjacker 10y ago
hm, there is a valid criticism to be had but "wrong" isn't the word I would use.
there isn't anything wrong with Apple's stock selling off violently, as much as there was anything wrong with people bidding the shares up so high under the idea of selling it to someone else at a higher price.
there are plenty of companies that are content with steady or even cyclical growth/earnings. in many other countries were local stock markets are not popular venues for speculation and capital formation, it is quite respected to have steady earnings without a drive to quarterly growth.
that being said, many places that are low growth envy the high growth areas, especially how it has been achieved in the US markets.
- JoBrad 10y agoThe high growth of the stock market has largely diverged from the rest of the US so that it hardly reflects the "real world" in any way.