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Just sold all my index funds, putting all investments ~500k in Apple on Monday.

...
sooty degenerate
  01/22/16
Enjoy your taxes
Sadistic sandwich
  01/22/16
its all 401k and pension so no taxes. :)
sooty degenerate
  01/22/16
Why does Apple have such a consistently low p/e? Is the m...
high-end black woman scourge upon the earth
  01/22/16
arent its earnings insane? it seels a fuking iphone for 700 ...
Appetizing Transparent Death Wish
  01/22/16
"Shoppers can easily drop at least $749 to get their ha...
impressive legal warrant
  01/27/16
no idea, I'm not an investor masterman. I'm just looking for...
sooty degenerate
  01/22/16
LJL "Just sold all my index funds, putting all inve...
Obsidian Razzle Skinny Woman
  01/22/16
Investment Masterman = someone who does the research and inv...
sooty degenerate
  01/22/16
Your index funds could just as easily be up 10-20% in that t...
Sadistic sandwich
  01/22/16
Because investors doubt their earnings will continue to be a...
Sadistic sandwich
  01/22/16
Because how much bigger can it realistically get? It's one o...
Fragrant karate
  01/22/16
apple spends about $150-$250 to manufacture an iphone, which...
tan swollen doctorate affirmative action
  01/22/16
either way, this will be a great thread to bump in a few mon...
demanding hell
  01/22/16
...
sooty degenerate
  01/24/16
why would you do this the day after aapl went up 5% to $101 ...
Idiotic jet party of the first part
  01/24/16
Well, fuck
Bateful brass stage boiling water
  01/27/16
What about Bitcoins? You could ENJOY WINKLEVOSS.
bearded misunderstood faggot firefighter spot
  01/27/16
how much did you lose? 8%?
Alcoholic Location Toilet Seat
  01/27/16
lol dumbass
tan swollen doctorate affirmative action
  01/27/16
There was literally no way of knowing this was a bad idea
Adventurous clear voyeur coldplay fan
  01/27/16
the sale of index funds was ex ante a terrible idea for the ...
tan swollen doctorate affirmative action
  01/27/16
...
Sadistic sandwich
  02/11/16


Poast new message in this thread



Reply Favorite

Date: January 22nd, 2016 2:50 PM
Author: sooty degenerate



(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655655)



Reply Favorite

Date: January 22nd, 2016 2:55 PM
Author: Sadistic sandwich

Enjoy your taxes

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655704)



Reply Favorite

Date: January 22nd, 2016 3:00 PM
Author: sooty degenerate

its all 401k and pension so no taxes. :)

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655738)



Reply Favorite

Date: January 22nd, 2016 3:01 PM
Author: high-end black woman scourge upon the earth

Why does Apple have such a consistently low p/e?

Is the market worried about the eventual post-Jobs loss of 'it' factor?

IDK Tim Cook seems to be keeping it together pretty good.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655742)



Reply Favorite

Date: January 22nd, 2016 3:02 PM
Author: Appetizing Transparent Death Wish

arent its earnings insane? it seels a fuking iphone for 700 bucks or whatever, it costs like 70 bucks to make that shit in china right?

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655749)



Reply Favorite

Date: January 27th, 2016 7:31 PM
Author: impressive legal warrant

"Shoppers can easily drop at least $749 to get their hands on an unsubsidized and unlocked iPhone 6S Plus. But it only costs Apple $236 to make it, according to a teardown performed by market research group IHS."

http://www.ibtimes.com/iphone-6s-plus-costs-apple-inc-16-more-make-iphone-6-plus-ihs-teardown-reveals-2120667

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694481)



Reply Favorite

Date: January 22nd, 2016 3:03 PM
Author: sooty degenerate

no idea, I'm not an investor masterman. I'm just looking for a quick 10-20% come up and this is the best bet in a while.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655758)



Reply Favorite

Date: January 22nd, 2016 3:06 PM
Author: Obsidian Razzle Skinny Woman

LJL

"Just sold all my index funds, putting all investments..."

to

"no idea, I'm not an investor mastermind...the best bet in a while."

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655778)



Reply Favorite

Date: January 22nd, 2016 3:08 PM
Author: sooty degenerate

Investment Masterman = someone who does the research and invest.

Me = someone who thinks its a good bet Apple will be at 110-120 within 12-24 months but has done no research.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655785)



Reply Favorite

Date: January 22nd, 2016 3:16 PM
Author: Sadistic sandwich

Your index funds could just as easily be up 10-20% in that time frame.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655840)



Reply Favorite

Date: January 22nd, 2016 3:15 PM
Author: Sadistic sandwich

Because investors doubt their earnings will continue to be astronomical.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655832)



Reply Favorite

Date: January 22nd, 2016 3:21 PM
Author: Fragrant karate

Because how much bigger can it realistically get? It's one of the biggest companies in the world already. It has pretty much maxed out its growth, and consumer electronics is a fickle industry. It's unlikely it stays this large for 10+ years.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655868)



Reply Favorite

Date: January 22nd, 2016 3:45 PM
Author: tan swollen doctorate affirmative action

apple spends about $150-$250 to manufacture an iphone, which it then sells for $600-$700. even worse, the iphone has close substitutes that are much cheaper. because the device industry refreshes very quickly and has a lot of aggressive players, investors worry about a sudden decline (see blackberry, which once had what was thought to be a near-unassailable position in enterprise devices).

more recently, marginal growth has come from china. china looks fucked. so investors worry about that, too.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29656022)



Reply Favorite

Date: January 22nd, 2016 3:22 PM
Author: demanding hell

either way, this will be a great thread to bump in a few months

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29655879)



Reply Favorite

Date: January 24th, 2016 12:56 AM
Author: sooty degenerate



(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29665754)



Reply Favorite

Date: January 24th, 2016 1:01 AM
Author: Idiotic jet party of the first part

why would you do this the day after aapl went up 5% to $101 instead of buying when it fell below $95?

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29665782)



Reply Favorite

Date: January 27th, 2016 7:22 PM
Author: Bateful brass stage boiling water

Well, fuck

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694438)



Reply Favorite

Date: January 27th, 2016 7:29 PM
Author: bearded misunderstood faggot firefighter spot

What about Bitcoins? You could ENJOY WINKLEVOSS.

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694469)



Reply Favorite

Date: January 27th, 2016 7:31 PM
Author: Alcoholic Location Toilet Seat

how much did you lose? 8%?

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694480)



Reply Favorite

Date: January 27th, 2016 7:39 PM
Author: tan swollen doctorate affirmative action

lol dumbass

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694537)



Reply Favorite

Date: January 27th, 2016 7:42 PM
Author: Adventurous clear voyeur coldplay fan

There was literally no way of knowing this was a bad idea

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694569)



Reply Favorite

Date: January 27th, 2016 7:48 PM
Author: tan swollen doctorate affirmative action

the sale of index funds was ex ante a terrible idea for the following reasons:

1) massive underdiversification; there is no way he knew enough about aapl to justify a 100% stake under the kelly criterion

2) sudden move from index funds to a single stock

even if it had worked out, it would be luck, not skill

(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29694620)



Reply Favorite

Date: February 11th, 2016 2:10 AM
Author: Sadistic sandwich



(http://www.autoadmit.com/thread.php?thread_id=3105004&forum_id=2#29802133)