I'm just recalling more than one discussion about the "inevitable" law-of-large-numbers with advisors. That was 10 years ago? I'm still keeping any eye out for that inveatability.
There is no accountability in any area of journalism, and the financial media is no exception. I’d sure love for CNBC to drag some of these know-it-all‘s on and show them their previous dire prognostications. “A lot of people would be poorer today had they listened to you.”
Of course, the mantra “buy and hold and never sell” doesn’t fill 12 hours of programming 5 days a week (nor does it generate commissions for investment banks). But I think these loudmouths would be tempered if CNBC would run a chyron below them whenever they appeared “X/X/XXXX: Advised to buy/sell AAPL @ XXX.”
Buy and hold and tune out all of the noise. As Buffett says, buy good stocks and don’t even look at them on a daily basis. OK I realize that last part is pretty unrealistic for most of us, but tell your friends to do that. 😜
"Our favorite holding period is forever." -- Warren Buffett
Post by socal Film Composer on Dec 26, 2019 17:40:50 GMT -5
I actually think the opposite - i.e. the small dividend increase last year, was to allow for more $ to be spent on buybacks - now with the shares more expensive to repurchase, I'd like to see a healthier dividend increase - also our yield (even with the new rate) is close to 1% - but yes, the approach to cash neutral and management's plan for that will be interesting to watch - also, how much cap ex buffer might they need for new product categories? Congrats Longs! Yep - window dressing in play but also - big time FOMO on the folks who simply missed the apple boat for SO long. Geez - GOOG has been at a real premium for so long to APPL
Post by ericinaustin on Dec 26, 2019 22:04:55 GMT -5
You’re absolutely right here. I forget to remind myself about this sometimes. And of all the companies that deserve an avg. p/e. It’s Apple. Rock solid balance sheet with no sig debt., selling the most important consumer product used in many peoples lives, transitioning to earnings in wearables that may be the biggest growth driver in consumer products over the next 5 years.
I’m getting to the point where it is such a major part of my net worth that I think I must diversify more but tell me a better choice based on just the Graham Dodd value fundamentals and you have my attention. But for the life of me I just can’t find it.
I thought a Vegas meet up was a good idea for two hundred but three hundred...... I’m thinking VEGAS BABY! I’m ( or rather Tim Cook’s) buying the first round.
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5