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Ken Kam posed a question to we contestants about conventional wisdom explaining valuation and why is that same conventional wisdom wrong for a stocks valuation.
Hearing all that I immediately headed to the frig and popped a "DuffBeer" to get a better understanding about Ken's question.
Most of you are like research scientist dissecting these stocks apart.Many of us stand to learn a lot from those who are graciously sharing your knowledge and know how,thanks.
I have been waiting for a buying opportunity in AAPL for years and all it does is go up. I continue to miss it or the break never comes. All AAPL does is move up in value. While you crunch the numbers,I see AAPL's innovation,leadership,brand recognition,increasing market share and world exposure,product acceptance,ability to overcome set backs and its consistent growth and profitability. That is is why I put it in my fund.
Now I must confirm my finding as to what advise I will discover at the bottom of a "DuffBeer " can. Cheers
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