3 ms·

'cause the popular belief is that once Jobs retires, Apple will enjoy a free fall in _everything_. Fascinating.

• kahawe 15y ago
  I understand this bit very well, thankyouverymuch. What I find fascinating is how one-dimensional and downright stupid and emotion-filled the stock market actually is and the Apple stocks are one of many good examples for that in this case.
  • 3pt14159 15y ago
    When saw that Quora question on "why is Apple's stock so low" and didn't agree with a single one of the answers I moved half my parents investments into Apple. It is crazy to think that he hasn't imbued them with a lasting sense of design. I still think the company is undervalued.
    • BrandonDC 15y ago
      That sounds like a terribly risky move for any investor, much less folks who are probably in or nearing retirement. Diversify!
      • 3pt14159 15y ago
        I bought put options to cover the (extreme) downside. We were up about 30% YoY, so I wasn't too concerned.
• riobard 15y ago
  Hmmm, so a simple description of what the irrational thinking the market has deserves a downvote now. I used not to believe the downvoting trend on HN, but it appeared to be a real issue.