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Honestly, you might be right, especially in that having Warren Buffet as an investor could actually give Apple some long term wisdom. And Apple probably has so
by macawfish 8y ago
Honestly, you might be right, especially in that having Warren Buffet as an investor could actually give Apple some long term wisdom. And Apple probably has some growth in it still.
But I do have some credentials here. My track record is having told my mom to buy AAPL in 1998 before the iMac even came out :p
She didn't listen because her financial adviser thought it was too risky!
But as a kid, I understood the market and recognized it was undervalued.
My hunch now is that Apple's recent direction has been utter trash garbage. And the culture that made Apple what it was is dwindling fast. They're getting pretty close to "sell high" and will have some major reckoning to do before they get back on track.
edit:
Seriously, look at this video about the butterfly switch keyboard:
https://www.youtube.com/watch?v=dgc69MAdYE0 https://www.youtube.com/watch?v=dgc69MAdYE0
- earenndil 8y ago> My track record is having told my mom to buy AAPL in 1998 before the iMac even came out :p So...you guessed that a company would get much bigger later on and that one company did? That's not much of a track record. Warren buffet does have a track record. He's done this not once, but dozens of times. And his billions speak for themselves, where are yours?
- macawfish 8y agoThat's why I wrote ":p", I'm teasing! I was 12. I stand by my opinion though. Apple is losing touch.
- earenndil 8y agoAh ok, I must have missed it, sometimes hard to tell over the internet. And, FWIW, I would agree with you, except I find it hard to believe that as many people as are invested in apple, with all the money they have, are so stupid to throw it away.