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Sorry Guys, But Apple's Not Worth More Than Poland

Business Insider  |  By Posted: 02/29/12 01:21 PM ET  |  Updated: 02/29/12 01:21 PM ET

Apple

Business Insider:

Sorry, this is just wrong.

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Filed by Harry Bradford  | 
 
 
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HUFFPOST SUPER USER
gregory57
Micro-bio, was one of my favorite classes.
12:20 AM on 03/01/2012
Keep buying AAPL, but be sure you're already out of the theater when somebody finally yells "FIRE!".

Lots of people are going to be trampled. Many more will die.
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HUFFPOST SUPER USER
gregory57
Micro-bio, was one of my favorite classes.
12:18 AM on 03/01/2012
It's called the "Greater Fool Theory"

The greater fool theory (also called survivor investing) is the belief held by one who makes a questionable investment, with the assumption that they will be able to sell it later to "a greater fool"; in other words, buying something not because you believe that it is worth the price, but rather because you believe that you will be able to sell it to someone else at an even higher price[1].

http://en.wikipedia.org/wiki/Greater_fool_theory
HUFFPOST SUPER USER
roydoe
roydoe knows all-sometimes
05:24 PM on 02/29/2012
The iPad can't make a killer kelbasa and you can't use Poland to look at porn.
04:53 PM on 02/29/2012
Well Apple does have the advantage of getting customers to pay far more for their products than anyone else. The ifoolish syndrome!
HUFFPOST SUPER USER
jwalter
The State is a gang of thieves writ large.
02:45 PM on 02/29/2012
Some things to consider:

1.) Using the GDP gives Poland an unfair advantage because GDP includes production AND Government spending, compared with just the production of Apple...and they still lose.

2.) What does Poland produce that millions of people all over the world are willing to pay for?