In May 2016, I expressed some very contrarian arguments about why I decided to sell my entire position in Apple Inc. Of course, they weren’t the least bit contrarian at the time because many others were expressing them. The stock price had fallen around 25% from its all-time high over the course of a year, fueled mostly by worries about Continue reading “Why I Don’t Feel Stupid for Dumping Apple Inc.”
Two high school friends, Steve Jobs and Steve Wozniak, began building home computers in a garage in the mid-1970s and less than 40 years later the company they started, Apple Inc., became the largest in the world. An athlete named Kevin Plank started making originally designed, moisture wicking T-shirts in his grandmother’s basement in 1996 and selling them out of the trunk of his car. He named his company Under Armour.
Whatever the stories of the most successful companies in the world today, however humble or exciting their beginnings, the one common factor Continue reading “Invest From A Company’s Point Of View”
Apple Inc. (AAPL) has fallen out of favor with several investors lately, and certainly for not the first time in it’s nearly four-decade history. I’m not an advocate of selling any stock without good reason, and I rarely do any more. In my case, I found a few reasons a couple of weeks ago to sell my stake in this company. Continue reading “Why I Dumped Apple Inc.”