About Apple!
Yesterday, I conducted a rough survey in a high school senior class about their usage of iPhones. The first scenario was about how many other phone models they had used before switching to an iPhone. The second scenario was whether those who had always used iPhones had ever considered switching to other brands. The third scenario was whether, after using an Android phone, they would consider switching back to Android after using an iPhone. The fourth scenario was whether current iPhone users would consider switching back to Android. Finally, comparing this to my own recollection of iPhone usage ten years ago, for the Guangdong region, the proportion of Apple users has risen from less than 20% to nearly half.
The answers I got were surprisingly consistent, all indicating bullishness for Apple. So recently, I've been understanding Apple more and more, and I also feel that going all in on it probably isn't a mistake. I've also come to understand the deeper meaning behind the "half-position" strategy!
This person, being able to think this way,
has actually already crossed the hardest hurdle for 98% of retail investors...
Many people are not suited for investing... it doesn't mean they are not smart; on the contrary, their IQ is very high
Survivorship bias! Good company at a good price is the eternal truth!
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