Gyroscopic Investing

In the long term, it’s probably never a good time to trim AAPL.
But, I’m doing it anyway, following the old ‘sell on the news’ adage.

My excuse is also that I own it through index funds and Berkshire B shares.

Why be overweight unless you know something markets dont. And the news/narrative on Apple is negative this week, it would be time to buy.

https://www.cnn.com/2023/09/07/investin ... index.html

But if I buy then I’ll be overweight.

I like to think that if I include more apples in my diet I might not be overweight anymore.

Smith1776 wrote: ↑Sat Sep 09, 2023 8:13 pm I like to think that if I include more apples in my diet I might not be overweight anymore.

Just watch those mooncakes my friend.

Smith1776 wrote: ↑Sat Sep 09, 2023 8:13 pm
I like to think that if I include more apples in my diet I might not be overweight anymore.

Thanks. As soon as I saw the Topic title again this morning I told myself that someone needs to make some food related comment. And, there you did!

dualstow wrote: ↑Fri Sep 08, 2023 12:04 pm In the long term, it’s probably never a good time to trim AAPL.
But, I’m doing it anyway, following the old ‘sell on the news’ adage.

My excuse is also that I own it through index funds and Berkshire B shares.

Did you write down all the reasons you wanted to trim AAPL.

I do find that helpful... just in case AAPL doubles in value going forward.... you will be able to answer the "what the F was I thinking" question.

That would probably be a wise thing to do! Of course it’s going to double eventually; it’s a juggernaut.
Instead, I rationalized that I own enough through both the broad index and Berkshire. I’ve trimmed more than once in the past year, but I’m still overweight AAPL. Still hold some shares.

May be of value to you:

https://theirrelevantinvestor.com/2023/ ... ure-proof/

Animal Spirits: Is Apple the Next IBM?
Posted September 13, 2023 by sean

Thank you, Vinny