SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Stock Puppy who wrote (212004)11/11/2022 1:38:53 PM
From: Art Bechhoefer2 Recommendations

Recommended By
oldbeachlvr
Zen Dollar Round

  Read Replies (2) | Respond to of 213177
 
Just a suggestion, slightly off topic: If I were you, I'd assign the risk of crypto much greater than the lottery. At least the lottery has a controlled loss (the profit to the sponsor), whereas the lack of intrinsic value of crypto makes potential losses almost infinite. As for AAPL, compared with mutual funds, the large cash holdings of AAPL, plus its free cash flow make it, in my view anyway, much less risky than, say, an overall market index fund.

Art



To: Stock Puppy who wrote (212004)11/11/2022 7:27:22 PM
From: Zen Dollar Round2 Recommendations

Recommended By
Doren
Stock Puppy

  Respond to of 213177
 
> But but but - it's a new paradigm! (Remember that one ?)

Yep, I do. Saw that many times from "pundits" on CNBC in the Dotcom bubble that became the DotGone bubble quickly in March of 2000.

It was even the DogGone bubble for Pets.com as I recall Pup, you must remember that one and the funny Super Bowl ads about it a year later. I sure do.

Even asked the same question of two stockbrokers before that crash if we were in a new paradigm and they told me the same market wisdom we should all know and have, basically that averages always revert to the mean.

In that case it was PE Ratios. Or P/E, or PE. Funnily enough, it's the same slide we're in now. How did that happen?

Always had a tough time in PE as kid, but those are different and mostly unrelated stories...

Anyway, here's an interesting take from Wired.com, my go-to for all those memories, from February of this year and Super Bowls past, near past and for sure into the future:

These Crypto Super Bowl Ads Feel Like Pets.com All Over Again