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It's stupid because the market valuated AAPL at about $150 three months ago, and now is about $150. 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. |
Your arrogance is pretty typical of people investing for the first time. It's like buying a scratch off and saying, "Only an idiot doesn't know where to scratch!"
It's your prerogative if you want to believe that the market is stupid/predictable, or that you can invest better than people with billions of dollars in resources, but just ask yourself this: Why are you succeeding where others aren't?