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Just months ago apples stock price was in the $500 range. Now it's only worth $100. That's an 80% drop ! It also happened around when surface 3 was released, possible coincidence?
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Aug 19, 2014 19:33
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| # ? Apr 18, 2024 16:11 |
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whats a surface
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Aug 19, 2014 19:34
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CRIP EATIN BREAD posted:whats a surface a thing you put your iphone on lol
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Aug 19, 2014 19:35
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good
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Aug 19, 2014 19:38
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didn't apple deliberately devalue their stock recently?
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Aug 19, 2014 19:40
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Silver Alicorn posted:didn't apple deliberately devalue their stock recently? yeah they murdered steve jobs you heard it here first
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Aug 19, 2014 19:41
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Beeftweeter posted:yeah they murdered steve jobs you heard it here first Ironically, he was allergic to apples
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Aug 19, 2014 19:41
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Steve has to turn this dying company around
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Aug 19, 2014 20:33
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i bought some apple stock at $13 and sold it when it reached $50 boy is my face red
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Aug 19, 2014 20:37
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Displeased Moo Cow posted:Steve has to turn this dying company around i dont know if you know this but the company isnt the one thats dead
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Aug 19, 2014 20:37
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A Wheezy Steampunk posted:i bought some apple stock at $13 and sold it when it reached $50 don't worry you'll have the chance to buy it at $13 again soon
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Aug 19, 2014 20:39
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http://audio-video.gnu.org/video/TEDxGE2014_Stallman05_HQ.ogg
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Aug 19, 2014 20:44
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more like crapple
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Aug 19, 2014 20:55
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Aug 19, 2014 21:24
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dear lord, my apple is prolapsing
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Aug 19, 2014 21:29
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Ruby got Railed posted:dear lord, my apple is prolapsing 
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Aug 19, 2014 21:32
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A Wheezy Steampunk posted:i bought some apple stock at $13 and sold it when it reached $50 i convinced my dad to it when it was $40 when the ipod came out now i can pay off my student loans with it if i want to
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Aug 19, 2014 21:40
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lol at all the worthless sell-side analysts raising their price targets and getting more bullish long after the stock has recovered. they were all lowering price targets while the stock fell too lmao here's a pro-tip for amateur investors, no one on the buy-side worth their salt puts any stock into sell-side research at all (other than to get an idea of what other people are thinking)
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Aug 19, 2014 21:40
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cremnob posted:lol at all the worthless sell-side analysts raising their price targets and getting more bullish long after the stock has recovered. they were all lowering price targets while the stock fell too lmao i don't know what this means but now i invest in index funds because investing in individual stocks is for literal idiots
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Aug 19, 2014 21:44
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Stfu cremnob the trick for stock market is to buy low and sell high
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Aug 19, 2014 21:48
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A Wheezy Steampunk posted:i don't know what this means but now i invest in index funds this is good advice for most retail investors who don't have the time/knowledge/discipline to invest their own money A Wheezy Steampunk posted:because investing in individual stocks is for literal idiots but this isn't true at all
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Aug 19, 2014 21:49
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cremnob posted:but this isn't true at all correct retail investing in your favorite tech company is for idiots
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Aug 19, 2014 21:50
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hobbesmaster posted:correct unless that company is apple, in which case u have made a good choice
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Aug 19, 2014 22:21
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have faith in the market. what could possibly go wrong?
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Aug 19, 2014 22:26
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cremnob posted:but this isn't true at all it is my understanding that professional stock pockets are unable to beat random chance over the long term
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Aug 19, 2014 22:33
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god damnit just when i got invested in this ecosystem
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Aug 19, 2014 22:43
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when people make those arguments they take the mutual fund industry or hedge fund industry as a whole and look at returns they produce and then go "see they don't even outperform x index". this is a dumb argument because the pension fund or sovereign wealth fund isn't investing in the hedge fund industry in aggregate but are actually choosing managers. the good ones will select and invest with the good managers and show skill in doing so. producing alpha is hard, so it makes sense that most hedge funds or mutual funds don't outperform. the top quartile of managers clean up while the rest underperform (or lose money). the hedge fund industry has ballooned (as well as the capital they manage) over the past few decades, most are going to be garbage (and the more capital chasing a strategy will lower performance as well). just saying you invest in a hedge fund isn't guarantee of outperformance
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Aug 19, 2014 22:57
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cremnob posted:when people make those arguments they take the mutual fund industry or hedge fund industry as a whole and look at returns they produce and then go "see they don't even outperform x index". this is a dumb argument because the pension fund or sovereign wealth fund isn't investing in the hedge fund industry in aggregate but are actually choosing managers. the good ones will select and invest with the good managers and show skill in doing so. and how do you know that good managers aren't just lucky managers?
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Aug 19, 2014 23:11
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I wish I knew more about medium term stock investing, but as far as I can tell it's basically like everything else in a capitalist society: more money = better than.
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Aug 19, 2014 23:20
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Aug 19, 2014 23:21
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Silver Alicorn posted:didn't apple deliberately devalue their stock recently? make this the subtitle of yospos forever plz
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Aug 19, 2014 23:25
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sear it into the fabric of eternity
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Aug 19, 2014 23:25
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theadder posted:sear it into the fabric of eternity lol
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Aug 19, 2014 23:26
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hobbesmaster posted:and how do you know that good managers aren't just lucky managers? they are Statistically there has never been a fund worth investing in that you could have predicted would have been with it better to be lucky than good if you're investing (good is impossible)
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Aug 19, 2014 23:35
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i was waiting for the stock price to drop a bit lower before buying when it was about 80 now i regret ofc. i thought people would keep underestimating the only company in tech who know what theyre doing for longer but alas that said there should be a pretty loving sweet drop when the iwatch comes out and wall street doesnt get it
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Aug 19, 2014 23:40
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my sources tell me its a garter poty
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Aug 19, 2014 23:42
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also being a stockholder of a company thats going to put out a 5.5" phone doesnt feel moral its like investing in blood diamonds. sure its profitable but its just.....wrong
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Aug 19, 2014 23:44
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hobbesmaster posted:and how do you know that good managers aren't just lucky managers? because they have solid track records over time
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Aug 19, 2014 23:56
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I sold some AAPL, feels good man
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Aug 20, 2014 00:14
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posting this here instead of the gently caress google thread seth klarman who is one of my favorite investors ever wrote this response to efficient market proponents and owns them real hard http://blogs.law.uiowa.edu/jcl/wp-content/uploads/2012/01/KLARMAN-FINAL.pdf
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Aug 20, 2014 00:32
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