“Go for a business that any idiot can run–because sooner or later any idiot probably is going to be running it.” Peter Lynch said that. Warren Buffet has uttered similar words. Tim Cook is no idiot, but consumer electronics is a real tough business. Without the brilliant Mr. Jobs at the helm to drive innovation, Apple shares have not fared so well.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- “Lower Rates Aren’t Working” - September 20, 2019
- Recession in a Year? CFOs Think So - September 18, 2019
- Amazon Suffers Internal Battle over Search Result Manipulation - September 17, 2019