I was not telling AAPL will go to $200, but it was an example that you (as Ray Dalio), holding current 150 Billion AAPL stock which you (Ray Dalio) bought in 1998 ! You are the only one I know apart from WQJ holding long positions.
If you (Ray Dalio) have doubt that AAPL may touch $200 in 3 months, what will you do?
You won’t sell AAPL stocks, (if sell, you will have big tax issues) but you can possibility buy AAPL put $200 in 3 months (Hedge against a fall).
I am not disputing or arguing you (Ray Dalio) are right or wrong. I am not arguing whether AAPL will go $200 or not.
This is beyond the scope of discussion.
BTW: Previously I used to argue with many people in this blog, but no more as I do not find time blog. I do not pick up any disputes/arguments…etc here. I am just hanging around, that is all.