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The Day Fred Wilson Dumped AAPL
- aChrisSmith 16y agoCaptain obvious says, "Sometimes people get it wrong, even smart ones."
- ktsmith 16y agoHe didn't sell because he thought he would lose money. He sold because he felt AAPL was dishonest with shareholders.
- arepb 16y agoFred Wilson's otherwise incredible batting average can allow for some pretty big misses.
- kenjackson 16y agoYou can't knock Wilson for taking a principled position. Sure Apple has done well, but the reason he sold wasn't because he thought Apple would do poorly.
- nopal 16y agoPreviously: http://news.ycombinator.com/item?id=2423534 http://news.ycombinator.com/item?id=2423534
- Kylekramer 16y agoIf Fred Wilson dumped the stock because he claimed it was going to crash, this will be pertinent. As the linked article states (where he even uses the phrase "As good as the company is"), it was just his personal position that he prefers investing in companies that don't try to deceive its investors.