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AMD stock has been one of the most speculative stocks over the past ten years

• wahern 7y ago
  10 years? Try 20+. The last time AMD had this valuation was circa 2000, the first and last time I ever bought AMD stock. Not just AMD; I swore off technology stocks altogether after that, at least for speculation. What AMD taught me early on is that a good product is only a small element of success; a superior product doesn't give much of an advantage, if any at all. And knowing too much about a technology or industry can be dangerous, which is why I swore off technology stocks.
  • lottin 7y ago
    Most people probably don't want to hold individual stocks anyway as it's too risky an investment. Mathematical models suggest that the optimal investing strategy for any investor is holding a "well-diversified" portfolio in which firm-specific risks cancel themselves out and you are left with the minimum possible amount of risk.