> […] etc at the Internet bubble top then you would have missed out on huge gains since then.
Only if you never repurchased.
Or you could DCA out: have a standard policy that no single stock can be more that x% of your portfolio, and as any one gets above that limit you crystallize profits. It's no different than having a 60/40 portfolio and rebalancing your equities if they get >60%.
I lean more towards passive and (total) market index funds, and just riding the roller coaster, as anything else is fairly either impossible or too time consuming:
On the etymology of the name of the project, see Greek mythology:
> Hermes (/ˈhɜːrmiːz/; Ancient Greek: Ἑρμῆς) is an Olympian deity in ancient Greek religion and mythology considered the herald of the gods. He is also widely considered the protector of human heralds, travelers, thieves,[2] merchants, and orators.[3][4] He is able to move quickly and freely between the worlds of the mortal and the divine aided by his winged sandals.
> After first boot, go through a long list of things to deactivate so that one can experience at least some feeling of agency and privacy when using your own hardware.
The difference is that you can actually not set these things up: with Windows you often have to choice. Macs allow you to not have an iCloud account and run just fine without them, whereas to avoid a Microsoft cloud account there are magic CLI incantations that have to be invoked. And once you say "no", Apple generally leaves you alone.
I don't mind a bit of 'upsell' or informing (new) users of available offerings, as long as I get a choice.
The issue with iCloud is that before you even know it, you're paying $9.99/mo. Since 200gb is quite low, the next tier up is 2tb for $9.99, but then you're essentially locked in. I can't view the iCloud price tiers as anything other than predatory.
But 50GB is $0.99 and I'm only really paying for it since I have a bunch of their private email addresses in use. iPhone backup with just the essentials I trust them with is less than 2GB.
I don't know how I would even begin to fill the 50GB plan since I don't trust any cloud storage provider with pictures and videos.
> Macs allow you to not have an iCloud account and run just fine without them
Until you need to install an app through the App store. Even a free app will refuse to install without an iCloud account. Frustrating when you want something with a verified source, for me it was Wireguard, and don't want to build it locally.
Curious to know how many of these sales are 'corporate purchases' for fleets versus 'personal purchases'. Given a choice, would most people prefer a Lenovo/PC or an Apple product? How many have Lenovo/PC IT-managed work machines and also (choose to) purchase a PC for personal use versus choosing an Apple?
> Given a choice, would most people prefer a Lenovo/PC or an Apple product?
I certainly would, because I demand Linux on all my computers. I can't stand the idea of being forced to sacrifice x% of my disk for things like "Apple Intelligence" or other bloatware that Apple decided I can't remove because it is a "system component." That, plus all the privacy and user control issues posed by an operating system effectively remotely controlled by a third party.
I feel apple is huge mostly in the US, rest of the world apple has a reputation for being overpriced so people have mostly never used a Mac and if you have a lifetime of windows usage switching is jarring.. speaking from experience
> Toyota and Honda have competitors that are pretty interchangeable, like each other.
Do any of these competitors build "machines that can last" as much as Toyota and Honda? Does any other manufacturer have a longevity reputation of either of these two? What are the depreciation schedules of competitors (AIUI, T/H hold their value pretty well)?
Toyota and Honda have each other as direct competitors. If one of them sacrifices reliability, it's over. There are also second tier ones like Nissan making interchangeable cars, so if say Toyota stoops to Nissan's level, then they have to start selling at Nissan prices.
I would also say Ford, but their reputation for reliability applies only to their trucks.
When Ford and Mazda were working together they had some pretty reliable cars. My Focus outlasted two Hondas that I owned. The Hondas were "nicer" cars in terms of features and interior but mechanically the Ford kicked their asses.
Yeah, there was an era of good Focuses, also the Crown Vic. Crown Vic is probably their only car a random person will see and assume it's reliable, in the US at least.
Funny that Honda's hybrids seem to be licensing Toyota's eCVT magic, so it's quite a bit like Apple and Samsung, where they would be filling each other's pockets while also being at each other's throat.
Honda's hybrids are their own thing. They're mostly-series hybrids with one or two direct-drive gears for cruising speeds, as opposed to Toyota's parallel hybrid system.
12.5B rmb is like 1.5% of BYD operating revenue. It's nothing. Western brands range from 1-3%. BYD subsidy is pedestrian, ~400 USD per car. Do you think any western brands can compete with BYD if they bumped unit costs by $400. Rhe answer is no.
Also what dumping? They're selling abroad at 2x domestic MRSP, i.e. $10,000s over domestic price, aka fully covers any subsidy, multipe times over. PRC "dumping" is just delulu innumerate cope at this point. The reality is without subsidies PRC structurally make cars for much less (~50%) than western auto, a few $100 per chassis of subsidies is immaterial to $10,000s of retail price gap.
> In most countries without 100% tariffs and outright bans Toyota's sales are in decline because of competition from BYD.
Is it because BYD is more reliable or 'just' cheaper?
There are a number of folks for who H/T would be their first pick if not for (a) waitlists and/or (b) price considerations. And there a lot of folks who don't necessarily care if the car will last 10 or 15(+) years because they'll replace it earlier that that, so as long as it's 'good enough' it's fine.
Which is great to throw around numbers, but how are their reliability numbers? Before I throw out my 20 year old Honda for a BYD, how is the 20 year old BYD (or Telsa or Slate) doing? Unfortunately we don't know, though we're coming up on 29 years for Tesla soon.
The comment you're replying to is saying that in fair markets, BYD is taking market share away from Toyota even without the proven track record of reliability. Saying "But I wouldn't buy a BYD unless I knew it was reliable" is kind of missing the point.
In South Africa Toyotas (Hilux in particular) get stolen all the time because they are so reliable (and you get parts throughout Africa). So then you end up making new sales when people replace their stolen cars. One way to get around the problem for them I guess? /s :)
Only if you never repurchased.
Or you could DCA out: have a standard policy that no single stock can be more that x% of your portfolio, and as any one gets above that limit you crystallize profits. It's no different than having a 60/40 portfolio and rebalancing your equities if they get >60%.
I lean more towards passive and (total) market index funds, and just riding the roller coaster, as anything else is fairly either impossible or too time consuming:
* https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...
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