Just sold all my index funds, putting all investments ~500k in Apple on Monday.
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Poast new message in this thread
Date: January 22nd, 2016 3:01 PM Author: swashbuckling church digit ratio
Why does Apple have such a consistently low p/e?
Is the market worried about the eventual post-Jobs loss of 'it' factor?
IDK Tim Cook seems to be keeping it together pretty good.
(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655742) |
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Date: January 22nd, 2016 3:06 PM Author: multi-colored trailer park
LJL
"Just sold all my index funds, putting all investments..."
to
"no idea, I'm not an investor mastermind...the best bet in a while."
(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655778) |
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Date: January 27th, 2016 7:48 PM Author: Saffron Vibrant Library
the sale of index funds was ex ante a terrible idea for the following reasons:
1) massive underdiversification; there is no way he knew enough about aapl to justify a 100% stake under the kelly criterion
2) sudden move from index funds to a single stock
even if it had worked out, it would be luck, not skill
(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694620) |
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