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And 15 years ago you might have said Apple was overvalued. It goes both ways. But "value of the underlying assets" is a poor way to gauge a growth stock.
by haberman 13y ago
And 15 years ago you might have said Apple was overvalued. It goes both ways. But "value of the underlying assets" is a poor way to gauge a growth stock.
- brudgers 13y ago15 years ago Apple was a dividend paying manufacturing company. It had not been a growth stock for many years. 15 years ago the standard wisdom was AOL and Pets.com.