Apple Inc (AAPL)

[Laize]

As stated, I will always take a missed opportunity before a bad investment any day.

I could have told you investing in Apple 12 years ago at $7 would have made you a lot of money. I doubt you'd care. I could tell you that investing in Citigroup $3.50 strike calls about 18 months ago would have yielded a 112% gain in 6 months, but I don't think you'd care about that.

I don't care about getting rich quickly. I care about making absolutely certain my investments are sound and safe. Not simply about gains.

I only buy companies in a way similar to Warren Buffett. I buy great companies I can find at reasonable (or even fantastic) prices. He's managed to become one of the richest men in the world long before Apple even came into the picture. I've managed to not go to the poorhouse being happy with 16% annualized gains.

The fact of the matter is that no one NEEDS Apple products. Some of my major holdings are Corning, PNC and BP. People will always need energy. Corning manufactures glass for iPads, iPhones, Android phones and tablets (In short, they'll still be winning even if Apple collapses), fiber optic cable and other products. PNC is one of the most well-capitalized banks that is expanding their footprint tremendously and they've grown 33% in the last 4 months.

I may have missed Apple, but I've done pretty damn well for myself, thanks.