Russian Billionaire Buys $100 Million in Apple Stock

[Mr. Retrofire]

Just curious... is there any other company you'd feel comfortable putting a lot of money into?

Oracle. 5+ years, or at least 3 years. The number of devices which use Java grows daily. Databases are also necessary in our growing IT-world.

 

[lordofthereef]

The investment gurus are out in full force in this thread again! Tell me, why are you guys here rather than making millions investing in stocks? And no, "I don't have much to invest" isn't an answer. You know better than analysts do. Convince others to invest their money and take a cut. You can do it! 🙄

 

[IJ Reilly]

The investment gurus are out in full force in this thread again! Tell me, why are you guys here rather than making millions investing in stocks? And no, "I don't have much to invest" isn't an answer. You know better than analysts do. Convince others to invest their money and take a cut. You can do it! 🙄

Rule #1: Those who talk about what they are investing in the most, are doing it the least.

There is no Rule #2.

 

[Mr. Retrofire]

Tell me, why are you guys here rather than making millions investing in stocks?

Your suggestive question has which goal?

You know better than analysts do.

Yeah. What's your exact problem!?

 

[cclloyd]

"Rich guy spends lots of money"

 

[CGagnon]

Or, in my case, it would would be like someone with $190.00 investing $1.00.

Just trying to bring it down to earth...😛

Or like someone with $76 investing $0.4. I can math too

 

[olowott]

Damn!! Gotta get this paper

 

[BC2009]

Just curious... is there any other company you'd feel comfortable putting a lot of money into?

It seems like the consumer electronics market is a fickle market.

No single company I feel very strongly about an upside except Apple.... my 401K and my Kid's education savings are in mutual funds.

I was going to buy MSFT last year until I finally got to see how bad Office looked on Windows 8 for tablets and Microsoft convinced me that they really don't know how to change fast enough. My thought now is that Office won't be relevant enough by the time it is really good on tablets. But I seriously thought Microsoft stood a chance of unseating customers from Google in mobile if Windows 8 and Office for tablets was executed well -- neither were executed well so I did not buy their stock.

AMZN is over-priced and so is GOOG right now. NFLX may still be a good buy -- they seem to have learned form their mistakes and it seems that they are not done going up yet.

Facebook is kinda promising. I see Facebook Home as a trojan horse on Android. Every month Facebook is going to add features to draw people away from Google services and advertisements and into Facebook services and advertisements. It gives Facebook the opportunity to rely on Google services where they are lacking and then build replacement versions for their services. For example, Facebook can put a facade for "Search" on an Android phone that hit Facebook's Graph Search first and then fell back to Google search for more results. I think FB is worth more than $28 per share.

Disclaimer: Don't invest on what I say -- seek a financial expert. Investing is always risky and you could lose money.

 

[sniffies]

FYI, he's not Russian, he's Uzbek.

Just being pedantic.

 

[Michael Scrip]

No single company I feel very strongly about an upside except Apple.... my 401K and my Kid's education savings are in mutual funds.

I was going to buy MSFT last year until I finally got to see how bad Office looked on Windows 8 for tablets and Microsoft convinced me that they really don't know how to change fast enough. My thought now is that Office won't be relevant enough by the time it is really good on tablets. But I seriously thought Microsoft stood a chance of unseating customers from Google in mobile if Windows 8 and Office for tablets was executed well -- neither were executed well so I did not buy their stock.

AMZN is over-priced and so is GOOG right now. NFLX may still be a good buy -- they seem to have learned form their mistakes and it seems that they are not done going up yet.

Facebook is kinda promising. I see Facebook Home as a trojan horse on Android. Every month Facebook is going to add features to draw people away from Google services and advertisements and into Facebook services and advertisements. It gives Facebook the opportunity to rely on Google services where they are lacking and then build replacement versions for their services. For example, Facebook can put a facade for "Search" on an Android phone that hit Facebook's Graph Search first and then fell back to Google search for more results. I think FB is worth more than $28 per share.

Disclaimer: Don't invest on what I say -- seek a financial expert. Investing is always risky and you could lose money.

So you like only tech companies?

That's what I was asking about.

Any other industries?

 

[JayCee842]

100 million dollars ain't anything to this guy! If he was serious about Apple, he'd invest more.

 

[jlgolson]

Just put all your money in BRK. Trust in Warren.

 

[Apple fanboy]

I bury my money at the bottom of the garden. There it's nice and safe.

 

[UK-MacAddict]

As a fan of Arsenal FC (which he owns around 30% of) I wish the bloody board would let him spend £100m on players! Lol

 

[carlgo]

As a fan of Arsenal FC (which he owns around 30% of) I wish the bloody board would let him spend £100m on players! Lol

Everyone wants a really rich person to own their favorite team and then stay completely away. Many are not that smart. In baseball terms they wake up on third base and think they hit a triple. Then they think they are experts at everything.

 

[Shrink]

I bury my money at the bottom of the garden. There it's nice and safe.

You have money buried in your garden!!??😱

Not that I would do anything, but if you could see yourself clear to PM me your address, that would be great!

Not that I would do anything.

Really...

I wouldn't kid you...just your address.

But PM...don't trust anyone else but me!😀

 

[Cybernanga]

You have money buried in your garden!!??😱

Not that I would do anything, but if you could see yourself clear to PM me your address, that would be great!

Not that I would do anything.

Really...

I wouldn't kid you...just your address.

But PM...don't trust anyone else but me!😀

Don't be fooled, he just wants you to dig up his garden for free, so he can plant potatoes 😉

 

[Shrink]

Don't be fooled, he just wants you to dig up his garden for free, so he can plant potatoes 😉

DAMN!!!

BUSTED!!!

And by an out-of-towner. Can't sneak anything by those Brits. They know about gardens!!!

It's just the potato thing.🙄

PM me your address, anyway...😀

 

[marksman]

If I were a billionaire I would buy as much apple stock as I could while maintaining a balanced portfolio.

Apple is 40%-100% undervalued. If apple was a much smaller company with similar p/e people would be fighting to buy it outright.

 

[Ryth]

No single company I feel very strongly about an upside except Apple.... my 401K and my Kid's education savings are in mutual funds.

I was going to buy MSFT last year until I finally got to see how bad Office looked on Windows 8 for tablets and Microsoft convinced me that they really don't know how to change fast enough. My thought now is that Office won't be relevant enough by the time it is really good on tablets. But I seriously thought Microsoft stood a chance of unseating customers from Google in mobile if Windows 8 and Office for tablets was executed well -- neither were executed well so I did not buy their stock.

AMZN is over-priced and so is GOOG right now. NFLX may still be a good buy -- they seem to have learned form their mistakes and it seems that they are not done going up yet.

Facebook is kinda promising. I see Facebook Home as a trojan horse on Android. Every month Facebook is going to add features to draw people away from Google services and advertisements and into Facebook services and advertisements. It gives Facebook the opportunity to rely on Google services where they are lacking and then build replacement versions for their services. For example, Facebook can put a facade for "Search" on an Android phone that hit Facebook's Graph Search first and then fell back to Google search for more results. I think FB is worth more than $28 per share.

Disclaimer: Don't invest on what I say -- seek a financial expert. Investing is always risky and you could lose money.

MSFT isn't actually a bad investment. The dividend is actually pretty good. And W8 is not as bad as people make it out to be. Can't help people are so stupid they can't understand a new interface that is easy to use with a mouse or touchscreen. Anyway, W8 will have a boot to desktop mode in the next patch/update to silence those critics.

BTW MSFT is up about 23% YTD...not bad if you bought near the bottom.

 

[Solomani]

DAMN!!!
And by an out-of-towner. Can't sneak anything by those Brits. They know about gardens!!!

Horsefeathers. Brits know nothing about gardens. Gnomes do!

 

[adildacoolset]

What publicly traded company had higher profits this quarter? Exxon Mobile's were $9.5B, same as Apple's.

True to that, but remember, in tech, the hype dies down quickly. And apple didn't release a new product this quarter.

Exxon on the other hand, have it more stable.

----------

100 million dollars ain't anything to this guy! If he was serious about Apple, he'd invest more.

Ever heard the saying about not putting all your eggs in one basket?

 

[Machinehead119]

I need to get on this boat - guess I need a few mil first 😱

-R
www.contemporarychatter.com

 

[BC2009]

So you like only tech companies?

That's what I was asking about.

Any other industries?

I don't know enough about other industries to feel confident in forming an opinion. I don't know what makes for a good oil company or retail company so I would not know what factors to look for.

 

[iGrip]

Old Joke

How do you become a millionaire buying Apple stock?

You simply need to start as a billionaire...