This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

If All We Can Do Is Predict Apple's Demise, We Suck as a Society

NEW YORK ( TheStreet) -- The title of this article condenses a Tweet I posted earlier today. You can, by the way, follow me on Twitter. Outside of TheStreet, that's where so much of the action happens.

Anyway, I'm not in the mood to fool around. This is serious. Somebody has to say it. And, today, that somebody, that voice of reason is me.

So, here's the full Tweet:

With Apple (AAPL - Get Report) right now, we're witnessing some of the worst behavior our society has to offer. And, slow down, I have perspective. I'm not speaking within the context of the really bad stuff -- school shootings, gang rapes and such. I'm talking about the way we handle ourselves in basic, everyday relations with one another and how we interact with popular culture fads, trends, icons and institutions.

You know -- Hillary Clinton ends up in the hospital with a blood clot between her brain and skull and you have pathetic excuses for human beings Tweeting that she's trying to duck testimony on Benghazi. If you don't care about her, fine, but remember, she has a daughter who might read that tripe.

We have this societal tendency to look for people who do not share our views of the world or political sentiments. We proceed to oppose them every step of the way, even when our attacks move into vile and unacceptable territory.

This propensity, to cut down real or imagined "opposition," influences to varying extents practically all aspects of our lives. From the big, unthinkable things like rapes and shootings to the smaller, relatively insignificant stuff I'm lucky enough to write about -- companies and stocks -- and most everything in between.

Whenever I start introspecting on this subject matter, I reference an excellent 2009 blog post my friend and hero, Dallas/Forth Worth media personality, Gordon Keith, wrote:

Maybe my opinion is jaundiced by the fact that I have a public job and am exposed to an unhealthy level of vitriol, but is the world really a better place now that every ego has a storefront [Facebook] and every negative part of you can have a screen name [via Internet forums]? Weren't we more civil when our critiques of each other involved eye contact? Maybe my rationality can't escape the gravity of my experience on this one.

Look at the [Dallas Morning News] comments [section]. Still amazes me what snarling dogs we are under our thin veneers. Sure, you can simply tune them out. But snark (and meanness) is mental porn. It's fun to make it, and damn hard to look away once you glance at it.

Social Media rests firmly on the twin pillars of narcissism and voyeurism. We conduct our own show and follow the shows of others. That can be initially satisfying, because everyone has some small desire of being famous, admired, listened to, or important. The problem with the current ease of having your own reality show is that everyone else has their own show too, and Other People are just damn annoying.

I'll receive snark for having made mountains of molehills. For taking things deep, philosophical and, at times, deadly serious and associating them with something as seemingly insignificant as people ragging on Apple. Money managers such as Jeff Gundlach going on CNBC to predict -- again -- that AAPL will fall to $425.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs