October [censored] thread

[ahnuld]

"Its trading at a huge multiple to even the most optimistic future growth expectations."


thats my reason. When evaluating companies, its not enough to believe and know all the things you posted above. If thats already priced into the market then it wont make you any money. I feel that even though all the above is true, apple is overpriced and wont be able to earn as much as needed in the future to justify a stock price as high as it has. What you need to do is find companies with features like the above that are not valued highly enough. Apple 2 years ago fit the bill, but now its run on too high imo.