Haha well my exposure to international has tanked my portfolio this year. Maybe I should just buy apple 
Same, 25% of my relatively new 401k goes towards the MSCI EAFE Intl Index (1/N diversification ha) should been 100% America First, sad!
at current aapl price of 180 and its 14x multiple. id say its fairly valued historically, and cheaply valued relatively to other stocks
$166, this looks like a deal… tempted to buy more but already a pretty good percentage of the portfolio.
Sold at $207 after holding for a few years, but tempted to buy here as well.
In terms of risk, it’s probably not a very volatile concentrated holding. All else equal I wouldn’t worry quite as much about concentration in Apple.
Good job Tim Apple!
Mulling trimming, something often thought about but I haven’t done. Some of my shares are in an IRA so no cap gains tax. May just do it to reduce concentration. Still generating that sweet, sweet, free cash flow, doing well on their investments and returning what they can’t to investors…company is run very well.
Tempted to let it get closer to all time highs… Damodaran had a really good analysis a few months ago with a value of $200 I think. The company probably has more cash on the books now, less shares. At $210, that’s like 5% over valued, not too crazy. Need to revisit his assumptions.
at $210, it is currently trading at 16x fcf/ni. p/b is at 10x and will prolly detiorate even further since they;ve been buying lots of shares back at about 30-60b per year. add 12b in divs. and will prolly increase it even further. not so sure its a good use of money on account of apple’s slowing growth unless they have a hidden ace in their sleeves. management has even said that they are just doing it to return excess capital implying that they dont have many ideas to further compound their capital. anyways going to go buy a new 1 this year! 2 year plan is up! hopefully i get a 50% off deal during black friday!
aapl at 410. there will be an upcomign split so price will be funky moving forward. but multiple is currently at 32x for fcf/no. with spy at 28x. it is safe to say this is finally overvalued. time to sell.