I bought AAPL back in 2005. Since then I've heard again and again about how the stock will come plummeting down because of what a dumb laymen investor like myself would just call "Accounting Stuff" - such as P/E, etc.
The same would go for many other companies, especially in the tech sector.
Almost 20 years later, almost none of it has come true.
Maybe it is irrational, but at this point, it feels like the irrationality is likely to outlive anyone here.
The same would go for many other companies, especially in the tech sector.
Almost 20 years later, almost none of it has come true.
Maybe it is irrational, but at this point, it feels like the irrationality is likely to outlive anyone here.