The day after I told Manny (Kiplingers) to get in, the market shot up 500 points. Nice call on the market if I do say so myself. And pure luck. I was thinking it would continue down for a while. But businesses are cheap and that’s what we really care about. And now it's time to figure out what to buy. You guys asked me about Apple, (AAPL), Altria (MO), Verizon (VZ), AT&T (T), Microsoft (MSFT) & ConocoPhillips (COP). I’ll dig in on these, but only after you tell me what they are worth and why.
As always, I want you to do the homework. You sent me two opinions of value for AAPL – Charpe197 thinks $286 is retail. Lynn suggests the right retail value is $151. Since I didn’t see their work, I can’t say for sure why the difference in value, but I thought I’d add another layer of information for those of you who are looking to buy some businesses right now.