Valuation

8 Posts

Bad Apple?

Bad Apple

The bear case on Apple is well known and widely accepted today. As a reformed Apple short, I understand the thesis well. The company’s profits are largely driven by one or two products and its future success largely dependent upon … Read more

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Valuation Matters

What does it mean when we say a stock is “expensive”? While I was working for companies like Smith Barney and Oppenheimer, I would actually hear people say things like “$550 a share for Apple(AAPL)??? No. That’s way too expensive!!! … Read more

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