Gotta get that vitamin high.
Check out Mr. Businessman
He bought some wild, wild life
On the way to the stock exchange
He got some wild, wild life
Apple stock tanking today after announcing.... record revenues and profits? Fundamentally this tanking doesn't make any sense, unless you think there will be a cataclysmic collapse in demand for Apple products, but there is zero evidence of that happening.
Wall Street seems to be expecting them to release a revolutionary device every year. Or maybe they are just waiting for the first revolutionary product from Tim Cook. Except I remember the last time Apple released an evolutionary product, they got killed on announcement. I guess people are expecting "Apple TV", but the TV business is terrible now.
Buying individual stocks is madness, unless you are rich enough to diversify.
Everything I've read says you really shouldn't bother unless you are rich enough to diversify and you don't need your money as you will be waiting to see any kind of worth while returns.
But this was just picked up from here and there. It might be wrong.
Check out Mr. Businessman
He bought some wild, wild life
On the way to the stock exchange
He got some wild, wild life
Based on efficient market theory, it is impossible to have more information than the other people.
I'm not some connected Wall Street hotshot so in reality, I have less information than other people.
The individual stock market is not for average Joes.
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