Daily Alpha · Reddit
· Post-Market Alpha · by Buzzberg Research
Reddit activity was thin; r/stocks debated AAPL foldable impact and index concentration, while r/ValueInvesting reviewed a year of calls.
Themes on this desk
Index concentration
Top 10 S&P names now ~40% of index; $13T passive raises systemic risk.
Highest engagement
by score · day changeApple foldable iPhone launch priced in uncertainty
Apple is expected to launch its first foldable iPhone on September 9. The author questions whether a $2,500 phone can impact Apple's growth, noting that sales volume doesn't need to be massive for revenue to be significant, but is unsure how much the market has already priced in.
Apple is expected to launch its first foldable iPhone tomorrow, September 9.
The launch could be a catalyst for AAPL, but the high price point may limit volume; market expectations are unclear.
Watch Monitor AAPL price reaction and sales data post-launch to see if revenue impact meets expectations.
Source →Value investing retrospective shows quality and valuation matter
A year-long retrospective of 22 stock deep dives shows that buying quality when undervalued generally works, but average maximum drawdown was about 18%. Cyclicals underperformed, and some calls like LULU and ADBE remain underwater despite analysis.
\- Most fell below our entry price at some point. Average maximum drawdown was about 18%.
Highlights the importance of patience and the risk of drawdowns in value investing; cyclical stocks may be systematically avoidable.
Watch Track whether the author's future calls avoid cyclicals and if drawdowns remain around 18%.
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