Buffet’s touch ! Ever since he bought 1.5B AAPL, he earned 15% so far YTD 225M
Wtf? Just because you like War Bull or i can, don’t have to give credits to them. The reason for AAPL roaring up is Mr Market realizes iPhone 7/ 7+ is not a dud as painted by journalists and pundits who don’t know shit. Many who have eaten these bullshit miss the biggest bull run since the iPod was introduced… iPod is too expensive… sound quality is crap… only single function… When iPhone was first launched… no physical keyboard… no exchangeable battery… only 2G… no CDMA… hyper competitive with many deep pockets established players… When iPad was first launched… just a bigger iPhone… it does nothing better than iPhone or notebook… Now, Apple Watch can’t compete with luxury brands, can’t compete with fitbit, too slow, UI is too complicated,… AirPods, will drop out of the ear…
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Whatever you say, I disagree on Tim Cook effect on AAPL. Until Warren buffet invested, it was going down and down. Apple took reverse as soon as Warren message came online. From then on, it is increasing.
Warren reversed the apple fall even though Tim Cook is CEO, he is just doing his pay for job, not a major dent on Apple.
If tomorrow Warren Buffet sells off (unlikely event) and it is public message, Apple dives down fast.
You may not like it, but this is true. Here we agree to disagree!
AAPL doubled under Tim Cook.
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When it was announced that Warren’s lieutenants invested in Apple on May 16, AAPL went up briefly and then tumbled to $91.01 (adjusted for dividends), not much higher than $88.99 May low. Mr Market doesn’t give a damn.
On Aug 15, it was made known that BRK has increased its stake, AAPL which was rallying almost immediately tumbles down to $102.53. Worse than the first WB effect, don’t even rally for awhile.
When you like a certain idea or a person, you tend to give credits to him/ it instead of verifying the facts.
Allow me to repeat, the rally from $102.53 is mostly due to Mr Market realizing iPhone 7/ 7+ is not a flop as painted by idiotic pundits and bullshitting journalists. Not WB effect (in the first case is not him that make the investment decision, in fact, he is taken aback, check the news). Nobody give a damn to the old man who say he didn’t understand technology.
After Jun 13 Apple Event, AAPL does the sell the events behavior, and then Mr Market digested the news and realized iOS 10 is super good, and begin to rally till the damn increased stake by BRK.
Anybody read Benjamin Graham’s books? “The Intelligent Investor” and “Security Analysis”? I bought Intelligent Investor not too long ago. I think I will read it thru to see if there is any magic there.
Bought and read “The intelligent Investor”. Easier on the brain than “Security Analysis”.
Borrowed the book “Security Analysis” from the library, went through it and realizes is not very applicable to current environment. Is for those who want to get a license, and more applicable to easily understood business such as those WB loves. The margin of safety advocated by the book is near impossible to achieve for growth and technology stocks.
The book I like best is “Common Stocks and Uncommon Profits”… more applicable to growth stocks.
This is an old article in Chinese about how a guy, inspired by Buffett, bought Netease stocks at $0.80 and rode it all the way to $100.
http://tech.163.com/06/0725/03/2MRK79G3000915BF.html
It’s not some ordinary guy though. He was the king of DVD players back in the late 90s. Then he cashed out most of his shares and moved to US. Bored, he picked up a book on Buffett and got hooked. He said he made way more money on stocks than anything he has done before.
Even WB said Graham was far too cautious. It’s understandable though. Graham went thru and was scarred by the Great Depression.
Read about him long ago, I recall he has some money left to invest and not become insolvent by the Great Depression. So my takeaway is Reserve. Like military operations, have a reserved force. Reserve is critical because it allows for exploiting advantageous situations, and counter surprise adverse scenarios.
This guy is just lucky like me who got AAPL at 40 cents basis.
Warren likes Coke and McDonald’s…Hates tech, doesn’t understand it…Like Bush sr…didnt know the difference between potato and silicon chips …maybe he thought Apple was a fruit company…lol
He bought IBM in 2011. It’s lower today then it was then. The market is up how much during that time?
Moving back to real estate I’ve been wondering whether to grab a little more MPW and RQI on the pullback. Both have done well over the past few yeas and both are holding up strong as the market continues to fall today. They’ll get hammered if rates rise but looking at Hillary’s economic transition team that seems unlikely. Lots of growth killers like Heather Boushey. In the medium term this could even be the top of the interest rate cycle and not the bottom.
RQI expense ratio 1.24% is high. The positive on RQI is steady growth 7 times since 2009 bottom. This is almost like SBUX. I prefer RQI for less volatility than direct REIT, buy low, hold for ever kind.
If you prefer volatility, trying to catch UPs and DOWNs, MPW is better choice.
Other than this, both are good to at low, and sell before rate hike or kind of peak.
I would prefer you to review based on fundamental analysis before making any purchase (I have not done when I comment).
RQI is in my watch list, and I will review more soon.
I’ve held both for years and been satisfied with the performance; have held off on purchasing more because of interest rate uncertainty but I’m increasingly convinced that we are looking at a Japan/EU style scenario where we will be stuck in slow/no growth land for years - maybe decades.
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I feel exactly same.
The only way for FED not to follow Japanese/EU style of negative rate is not to raise FED rates until economy is ready to take the load. This is the main reason, FED may scare market every time that they will raise the rate, but really may not do. This is only to keep wild speculators away from market, and keep it healthy.
Having said this, I continue buy every big dip occurs, like brexit and last week Saturday (or last Monday). I limit my buy only to any stocks/ETF I researched. This is with the assumption that economy+real estate grows in 10+ years.
Presently, I hold FREL, STWD,NRZ, NLY and MFA. I will not hold MFA for long, rest I keep it as is.
FREL is always add in every dip 2%-5%, not planning to sell any time sooner. This is commission free at fidelity.
All these equations change when real estate purchase happens as I need lot of money that I pull from these investments at that time.
Here are the difference between FREL and RQI.Looks like RQI is aggressive with Data center REITs
Thanks for that. Didn’t considered FREL due to short performance history and relatively low trading volumes compared to other REITS. SCHH is one I might add.