who says Apple is way undervalued.
says Apple stock is a bit undervalued at $127 a share:
We believe this P/E multiple discrepancy between Apple and the broad market index is totally irrational. It seems to us the market is somehow missing a very basic principle of valuation: when a company’s future earnings are expected to grow at a much faster rate than that of the S&P 500, the market should value that company at a higher P/E multiple. In FY 2016 and FY 2017 we forecast in our model EPS growth of over 20% per
"Tesla CEO Elon Musk said the company's market cap in 10 years "could be on the order of where Apple is today." Musk made the comments on a conference call with analysts following Tesla’s unexpected quarterly loss. Musk said the estimate was based on "back of the envelope" calculations including an assumption of a price-to-earnings ratio of 20. Apple recently became the first company to top $700
What seems like ages ago now, McDonald's invested in Chipotle, giving them the money to expand and grow, but they only shared one product in their distribution chain:
"There are approximately 650 line items in a McDonald’s distribution center. When we brought Chipotle into the Portland DC in 2004, there was one common product that could either be delivered to a Chipotle or a McDonald’s restaurant: a five-gallon bag of Coca-Cola — the syrup. That’s it." (Bloomberg)McDonald's wanted Chipotle to add "Fresh" to their name, have drive-through widows, allow for franchises, and to serve breakfast. Chipotle
What's worse, losing a ton of money or being referred to as "Chelsea Clinton's husband" all the time. Yeah, of course losing a ton of money is worse, but still, most be annoying to always have your business referred to as "hedge fund co-founded by Chelsea Clinton's husband". It's like you don't even have a name anymore. But anyway, the real story is, yes, Chelsea Clinton's husband lost a bunch of money betting on Greece. What stands out to me though is, he's not only losing or lost a ton of money on a Greece bet but he might
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