I used to be a notorious Apple (Nasdaq: AAPL) hater. From the roll out of the first overpriced iPhone, I’d look for any opportunity to rile up the fan boys. I’d yell at the television when they’d show file footage of the legions of fans standing in line at the Manhattan Apple store. I wrote bear cases for the stock. That was then. This is now. I’ve grown up and so has Apple. And I believe it should be a core holding in your equity portfolio. #-ad_banner-#Apple Is A Huge Bargain At Current Prices Simply… Read More
I used to be a notorious Apple (Nasdaq: AAPL) hater. From the roll out of the first overpriced iPhone, I’d look for any opportunity to rile up the fan boys. I’d yell at the television when they’d show file footage of the legions of fans standing in line at the Manhattan Apple store. I wrote bear cases for the stock. That was then. This is now. I’ve grown up and so has Apple. And I believe it should be a core holding in your equity portfolio. #-ad_banner-#Apple Is A Huge Bargain At Current Prices Simply defined, a stock’s margin of safety is the difference between the intrinsic value of a stock and its market price. For example, if you determine that a stock’s intrinsic value is $10 per share and your purchase price is $7 per share, you’re getting $3 worth of upside and enough cushion if the intrinsic value of the stock winds up being $9. This valuation method was pioneered by Warren Buffett’s mentor, Benjamin Graham; the godfather of securities analysis. The concept of margin of safety is the foundation of Berkshire Hathaway’s (NYSE: BRK-A) investment process. AAPL would totally fall under their… Read More