Halls of Shrewd'm / US Policy❤
No. of Recommendations: 1
https://www.reuters.com/world/china/china-bans-gov..."China ordered officials at central government agencies not to use Apple's iPhones and other foreign-branded devices for work or bring them into the office, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
In recent weeks, staff were given the instructions by their superiors in workplace chat groups or meetings, according to the report, which added that it wasn't clear how widely the orders were being distributed."
Recently I sold my entire AAPL position in the $190s from my personal account and IRA due to valuation and personal concentration risk. Better to be lucky than good...
Now time to write a large check to the US Treasury for my capital gains.
I wonder what Warren thinks of the broader China risk??? He walked away from TSMC due to geopolitical risk between China and Taiwan.
Will be interesting. Perhaps on a pullback he buys more.
No. of Recommendations: 0
Didn't you hear... They're all using Huawei now.
No. of Recommendations: 0
"Didn't you hear... They're all using Huawei now. "
Probably a copy of an iphone knowing the Chinese government.
No. of Recommendations: 0
Blackswanny, I tried to email you a note , the email is from from Hc, just wondering if I did it right and you received it? Thanks.
No. of Recommendations: 0
Didn't think you could do that on here. Nothing received. You can get my email address from Manlobbi if you want, we've messaged before.
No. of Recommendations: 1
"China ordered officials at central government agencies not to use Apple's iPhones and other foreign-branded devices for work or bring them into the office, the Wall Street Journal reported on Wednesday, citing people familiar with the matter."
Backend servers can intercept all messaging, track locations. There're reports that EU leaders' phone calls were monitored by the US. Pretty soon, it won't be just China government that bans the iPhone.
No. of Recommendations: 0
'' Post to board. Email Blackswanny and also post. Privately email Blackswanny only. '' those are the options. Lol, I may not have done it correctly or, it's an option you can't use? Thanks for the reply.
No. of Recommendations: 0
It's always "pot kettle black" with the US isn't it, not surprised.
And no I'm not a pro China or Russia troll.
I'm currently listening to "The Rise and Fall of China the Great Courses" (Audible) and one aspect the historic relationship and dynamics between the US and China are fascinating to listen to and likewise explain some of the tensions of today.
No. of Recommendations: 2
'I wonder what Warren thinks of the broader China risk??? He walked away from TSMC due to geopolitical risk between China and Taiwan.
Will be interesting. Perhaps on a pullback he buys more.'
WEB and CTM both seem to absolutely love Apple, ecosystem, Tim Cook, huge consistent buybacks & treatment of shareholders, balance sheet and consumer addiction to their products. I think WEB even considers our huge position almost like another BRK subsidiary. WEB seems incredibly calm and thoughtful when he reads potentially unsettling headlines, and I would not be surprised if he added a bit more of there is much more than this 10% pullback.
I've owned it since '06 and added to it over the years (in a taxable account)with rare minimal trimming. It is my #2 position and I am sitting tight as I suspect WEB is but certainly not critical of your sell decision at a good price. I trust Tim and his crew to navigate these uncertain and choppy waters as well as anyone , and they continue to expand the supply chain beyond China over time. They've done a nice job climbing and choosing a successful route up wall of worry over the years and looking out long-term.
No. of Recommendations: 0
Will buy some back in the ira if is drops a decent amount. Maybe 20x earnings?
