Here is my take on just 5 companies’ stock
AAPL - 707 bln market cap - 450 bln “my Valuation” = 257 bln “overvalued”
GOOGL - 573 bln market cap - 305 bln “my Valuation” = 268 bln “overvalued”
MSFT - 497 bln market cap - 310 bln “my Valuation” = 187 bln “overvalued”
FB = 386 bln market cap - 225 bln “my Valuation” = 161 bln “overvalued”
AMZN = 399 bln market cap - 72 bln “my Valuation” = 327 bln “overvalued”
Yes I think the author is correct. Anyone smart would get out of the high fliers. They are way over valued :(
Don’t own any of these single issues and if I did I would look at what the institutional holders are doing for guidance .