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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: SirWalterRalegh who wrote (3692)10/20/2019 7:18:37 PM
From: Elroy Jetson1 Recommendation

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elmatador

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If AAPL were $6 million a share you'd not be comparing apples and oranges. (of course that's in California near Silicon Valley where the price of a beach home is driven by AAPL and GOOGL stock options)
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I also suspect sea storms don't periodically bust through AAPL's ocean view windows through the house out through the front door and windows onto the street behind.

Unless you can truly tolerate that level of cost, it's better to rent or study weather risks before building - and that weather risk has been quickly becoming worse.

Chevron's Pascagoula refinery in Louisiana was built to withstand a 50 year storm, the worst hurricane you could expect in a fifty year period, but during its first 15 years of existence it was damaged by six hurricanes worse than a 50 year storm.

It was sort of a joke that it clearly needed to be built to withstand a 500 year storm that might occur once every 50 years.
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