Thinks AAPL should be valued at an EV of 2X EBITDA... does not how to look at balance sheets I guess..
Probably would do the inverse for Amazon and assume that it gets to 10 ROIC and should be one million per share...
well, my paired trade AAPL long/ AMZN short was just awful so far
why does everything have to be so upside down on the logic side
Need to cash out completely, mutual funds, etc sit on the sidelines until normality comes back