The Apple Company posted quarterly revenue of $53.8 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.18, down 7 percent for the 3rd quarter of 2019. Its products sales are down 1.7 percent compared to the same quarter last year. The total net sale is up […]
You can make even a parrot into a learned political economist – all he must learn are the two words “supply” and “demand.” -Thomas Carlyle. Demand is a desire to have or to own a certain product or service. However, wanting a product must coincide with the ability and willingness to pay for it. In […]
Warren Buffett once said that his favorite holding period for a good stock was “forever.” The benefit of holding a stock forever is tremendous. Like: It will compound over time Avoid taxes Fewer worries (This is my favorite one) Our definition of forever is our lifetime. Good eighty-some years, if you are lucky. However, the […]
“Value is not determined by those who set the price, Value is determined by those who choose to pay it.” – Simone Sinek. In the first quarter of 2019, Berkshire Hathaway owns 5.5 percent of Apple Inc. (AAPL) worth $36 billion (cost price). It now worths ~ $40 billion. Warren Buffet publicly praises Amazon and […]