Selling AAPL

I just sold the remainder of my AAPL shares (at a cost basis of $95, bought in February 2016). The price may rise further, but that's ok. I don't need to make every penny. Once it's dropped 15-20% (manipulated via the usual familiar media/analyst scare tactics over some trivial setback), I'll start buying again. Rinse and repeat.

There is something new, however. My Apple investment philosophy, which I've repeated in all my postings about AAPL stock, is that despite the periodic scares, there are no bona-fide existential threats (i.e. the company could - and surely will eventually - deteriorate, but not precipitously). But, as I noted last time, Trump's imbecilic trade war might make China take full-force aim at Apple. China being an enormous market for AAPL, this possibility complicates the calculus.