AAPL

Line of people at the AT&T store next to my office this morning for the iphone 7 launch. Probably 50-60 people, and this store never seems all that busy. What a bunch of crazy people.

I always wonder who the grown adults are you see camping out in NYC 3 days in advance.

Margins down to 38%

i mean thats expected or you surprised

Just saying that things are playing out gradually the way I called it. The lone wrinkle here being the Galaxy 7 being a bit of a curve ball.

Most my AAPL got called away last Friday, but want to buy a buttload back during the global recession.

So you can be rich when two mile wide asteroid hits at 12 km/s, destroying everything?

Low probability of asteroid.

It is 100% certain. Sign of the education system that this is not understood

Yawn. See CFA concepts such as “time horizon”.

It’s not even certain over an infinite time frame, many other outcomes could occur first or society could develop means of defense. Not to mention the fact that you stated a timeline (ie when PA is rich) during which point the probability would be infinitesimal.

enlightenedhmmmm, let’s all take a moment to think about the absurdity of this statement for a moment.

Ok, I’ve clearly done more work here than you guys. The fact is, that is a *high* probability if you look at the data correctly. Definition of picking up pennies in front of the steam roller (large, fast, random steam roller).

^ Okay, but I think you can start a new thread on asteroids, this one is on AAPL.

High probability of recession sometime soon, high probability of AAPL coming down in price during a recession, then I buy it, and probably I make money. No real probability of APPL headquarters getting hit by an asteroid or whatever.

Are you actually talking about asteroids or is this a metaphor I missed? Because we’re being literal it isn’t certain over an infinite time frame for the reasons I explained. Feel free to offer a rebuttal.

Where do we get these people? Straight from NASA NEO, look at all them negative exponents:

http://neo.jpl.nasa.gov/risks/

“Right now, NASA’s Near Earth-Object Program says there are no big asteroids at risk of of hitting Earth anytime soon.”

http://www.cnn.com/2016/06/29/world/asteroid-day-impact-irpt/ ““If there were any object large enough to do that type of destruction September, we would have seen something of it by now,” Chodas said. The agency (NASA) further assured that all known Potentially Hazardous Asteroids have less than 0.01 percent chance of impacting Earth in the next 100 years

http://www.ibtimes.com.au/nasa-slams-fake-prophecies-says-no-asteroid-will-hit-earth-next-100-years-1462406

“The odds are only about 1 in 5,000 that an asteroid big enough to wipe out civilisation will hit the Earth in the next 100 years, a team at Princeton University reported”

http://rense.com/general16/chancesofearthbeing.htm

You forget we live in Extremistan, not Mediocristan…

.01% chance is actually a lot higher than I thought and kind of concerning.

Another analytical flaw! It doesn’t matter if the rock directly hits “APPL headquarters” for the company to be obliterated enlightened. Amazing that people don’t understand this cheeky. Must be brain damage, but keep drinking the koolaid.

Not to worry, I’m sure “Black Swan” knows all about how to scrutinize odds from experts…or not indecision

Nice refutation… or not enlightened