First Site Visit – Mongolia

My first site visit as analyst turned out to be Mongolia. Spent over the weekend to read research paper on Mongolia's economy. From the impression, it's an underdeveloped country. After visiting, confirmed with impression, it's underdeveloped. Poor Mongolian. They could have lived a better lives if they have a better government. The trip was to … Continue reading First Site Visit – Mongolia

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How big is Apple now?

At the moment, Apple's market value is equal to Microsoft + Google's. That's just how crazily big Apple has become. BUT, Apple's current market value is  NOT due to crazy valuation of tech stocks. That's what happened in 1999 when so many tech stocks were valued at 50-100x earnings. Higher than 100x P/E was not … Continue reading How big is Apple now?