This is an interesting thread. A lot of people talk like they know something about stocks and there comments point out that they really don’t. Comments about jack welsch and about apple stock are bogus.
There are many people that deserve making $350M a year and a hell of a lot more if THEIR company is doing well. You want to compare apple against let’s say Tesla, people buy Tesla because of emotion (stupid) and people buy apple because of innovation and earnings.
When a CEO make millions a year and millions when they leave a failing company, blame the board, not the ceo. Have you heard of Golden parachute before for top management? Who initiates this? The board.
As for stocks, if you invest right, you shouldn’t look at your earnings on a frequent basis because many people make emotional rash decisions depending on a few days/few weeks.
I’ll bet that the people who held on to ge during its downturn thought it will come back, they were greedy (pigs get slaughtered in the market).
Take the emotion out of investing: put in trailing stop loss orders.
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