February 3, 2010
Buy Apple (about 200 right now). In five years it will double (read closely) either two or three times. If you’re following suppositio.us for stock and investment advice and need a slightly lower beta, buy Google. Similar performance, but slightly less risk.
One of suppositio.us’s close readers pointed out that this blog is a little tight, that is, it could be looser. Agreed. Their diagnosis: stage fright. Even though suppositio.us does performance art and poetry readings, etc., it is to be agreed with. Yes. It will be fixed.
The best indicator of very long term performance of Apple stock is the amount of credit Steve Jobs gives to others. If you find him to be more genorous with praise, then he is building for the future: a company that will outlast him. That would be a very, very good thing.
October 19, 2008
Here’s a chart.
This chart tells me it’s time to PREDICT!
That comment about the most entertaining president/vice-president pair being elected, that wasn’t a prediction. THIS is a prediction:
Buy Apple stock (NASDAQ:AAPL) at Friday’s closing ($97.40) and you will double your money within two years.
Why? Look at the chart linked above. The three lines scraping along the bottom are the National Association of Securitites Dealers Automated Quotation System (NASDAQ), the Dow Jones Industrials (DJI), Standard and Poor’s 500 Index (S&P 500). The line just *below* Apple is Google (GOOG).
So, what, is Suppositio.us a chartist? Is the past a reliable indicator of future performance? No, and, I think, yes. In the past, Suppositio.us has recommened Apple stock to friends and relatives, giving dates and expected profits. They’ve worked out very well. This is one of those, but this time, it’s for everyone.
And I suppose that means YOU.