The Macalope Weekly: Opinions are like iPads, everybody has one
Opinions come in all flavors. Some are fabricated for personal gain. Some are honest but, alas, bass-ackwards. And some are much ado about nothing.
The other shoe
A few weeks ago, after hedge fund manager Doug Kass told us all about the imminent doom headed to our favorite fruit-themed company (including a kick at Apple’s customer base), the Macalope wondered how being mouth-breathingly wrong about Apple made a great advertisement for your investment business.
Philip Elmer-Dewitt has the answer:
If he was correct in mid October, it would follow that he was even more correct this week, when Apple—which was trading for $674 a share when Kass started his campaign—traded for as low as $533.74.
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http://www.macworld.com/article/2014310/macalope-opinions-are-like-ipads.html
