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If you are stuck holding Apple stock, specifically, Apple is profitable and has a history of actually paying dividends. Pure price speculation on stocks, witho
by neutronicus 6y ago
If you are stuck holding Apple stock, specifically, Apple is profitable and has a history of actually paying dividends.
Pure price speculation on stocks, without at least some cursory net present value calculation on the expected lifetime dividend income and a rough estimation of the liquidation value of the company's assets kind of is a Pyramid Scheme in that the only value of the asset is a hypothetical Greater Fool