On the evening of June 23 – before it was officially announced that Britons had lost their minds – we held a Guided Tear Sheet conference call to discuss our recently published investment strategy for Apple (AAPL).
The call provides a unique perspective on Apple (even if you thought that such a thing was impossible), and explains why – even though we see a large discrepancy between stock price and value – we prefer to structure this investment as a “Bond Replacement.” Granted, this “bond” has the potential to yield 18% or more annualized in what we have characterized as a high conviction investment idea.
A recording of this presentation is now posted on the IOI Dashboard under the Courses section. Just click the Archived Webinars tab to be able to view the Apple presentation (and the Union Pacific presentation too if you like!).
In addition to this call, we have published several other research pieces on Apple, to which you are invited to refer:
- Tear Sheet on Apple
- ChartBook on Apple
- Note on Apple’s Investment Options
- Video: Cash Costs of Apple’s Stock Compensation Program
- Video: Selecting Strike Prices and Tenors for Apple Transaction
The graphic map of Apple’s product line-up mentioned in the presentation can be viewed on the Pop Chart Labs website – who published this wonderful work of art!