AI
Wednesday, May 21, 2014 10:39:15 AM
Are you sure you want to be throwing stones at shares of AAPL which have dramatically outperformed INTC shares over pretty much any reasonable time horizon you want to look at?
I remember when Nortel was worth $350B, more than a third of the
value of the TSX, and had been growing much faster than the more
mature companies comprising the other 9 of the top 10. Nearly all
of those mature companies are still around and making more money
than ever while pensioners and bond holders fight over NT scraps
in court and only the lawyers get fully paid.
The up side of a bubble is all fun and games and feeling on top of the
world. Afterwards everyone claims the signs were obvious to them in
hindsight.
Apple is on a bubble right now and that won't last.
I remember when Nortel was worth $350B, more than a third of the
value of the TSX, and had been growing much faster than the more
mature companies comprising the other 9 of the top 10. Nearly all
of those mature companies are still around and making more money
than ever while pensioners and bond holders fight over NT scraps
in court and only the lawyers get fully paid.
The up side of a bubble is all fun and games and feeling on top of the
world. Afterwards everyone claims the signs were obvious to them in
hindsight.
Apple is on a bubble right now and that won't last.
