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by mythz
2623 days ago
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Why is it stupid? Apple made 8x more profit than Amazon and 2.4x more profit than Microsoft. It deserves to be worth more and still has the lowest P/E ratio of all major tech companies (5.7x lower than AMZN). If you think something is undervalued, buy it. |
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That stupid.
BTW, I say the market is stupid because I bought AAPL shares January 28th (a monday), and I've bet the market ever since, I've beat SP500, DOW, I've won AMZN, MSFT, GOOG, everything. I even won Warren Buffet.
And I'm selling now, because the market is also predictable.
I have no words for it, they do as they are told by the news. I do the contrary, this is a warning sign for me, I might miss 10%-20%, but it doesn't matter, 30% is good enough and not worth the risk.