Steve Jobs Resigns: Why I Hated Apple

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41 Responses

  1. Awesome post. Steve Jobs is a rock star in this video, and when you condense his career into a short summary, it reads appropriately. What an inspiring visionary. AAPL stock aside, he has given so much and is a remarkabley inspiring person. I can definitely draw strength from his creativity and determination. I can think of several aspects of my life that could benefit from “what would Steve do?”.

  2. Love your post! and the clip.
    It’s good to learn from your past mistakes, but not good to beat yourself up over them. Hindsight IS 20/20.

  3. MoneyCone says:

    Ouch Buck! Thanks for sharing your brush with Apple!

    It is kinda sad, all the wealth in the world, but missing out on the most important aspect of wealth, health.

  4. Excellent post Buck. You should promote this post as much as you can. I love Jobs’ quote at the end. I am a bit anti apple myself because I like value over style, but Steve Jobs is a visionary and I have doubt about Apple’s long term prospect. I think Apple will do very well in the short term, but in 10 years… who knows…

    • Buck Inspire says:

      Thanks Joe for your support! I’m like you, value over style. But with Apple so mainstream I almost feel like I’m on the other side of the fence. I have to say, their products are top notch. It even goes down to their packaging. I have the MacBook Air and iPhone boxes and won’t throw them away because they are pieces of art!

  5. Awesome summary of Apple. But seriously $12 a share! I wish I had bought some of that action :)

  6. Buck this is wonderful summary of everything that is to do with that fruit. I missed on AAPL too. But I would rather miss it forever as I am a believer of Warren’s philosophy which states, if you can not see a guaranteed existence of the company in next 20 -30 years you should not purchase the stock. Can you guarantee any tech company to be in business for that long?

    • Buck Inspire says:

      Thanks SB! Good point I thought Yahoo, myspace, and Microsoft would dominate forever. I respect your disciplined Buffett approach, something I am striving for myself!

  7. Squirrelers says:

    Good post, Buck! Change is often necessary, inevitable in many cases, so it might as well be embraced. Easier said than done sometimes, right?

    As for Jobs, what a career that guy had! I was an Apple fan when younger, but never got into the iphone craze…Android here:) Anyway, Money Cone’s post really opened my eyes on Apple’s stock price history. Your post tells another story of that journey, from a different perspective. Thanks for sharing.

    • Buck Inspire says:

      Thanks! Change should be embraced. Learning that now, but before, change was uncomfortable and stressful because I viewed it as a negative. Once again, it pays to think positively. How is the Android? Does it have a chance to knock of the iPhone?

  8. krantcents says:

    Good post! I am always fascinated with successful people like Steve Jobs. Either you forgot or don’t remember, there was a long period when Apple’s stock did almost nothing. It stayed around $60 for years. It may have been when Jobs was ousted.
    There will be future opportunities with Apple stock, they probably will do a split. After all $375 is a little pricey, but will their future be as good? Who knows.

    • Buck Inspire says:

      Thanks! We can learn a lot from successful people. In the past, I ignored them because it made me feel inadequate when compared to their greatness. I really need my head examined! You are so right. It did go sideways for quite awhile. Speaking of pricey, I thought I saw a price target approaching $500. Only time will tell.

  9. Barbara says:

    I’m sad to see him go, but probably he’ll be back. Cos he’s got apples running through his veins.

  10. The flash crash hurt a lot of people. There were so many sell orders that got triggered and even more that were never filled. I was interning at a brokerage firm when it happened and the phones were ringing like crazy! Great post!

  11. Flexo says:

    Great story! I’m not a fan of Apple products, but their cult-like following is good for business. Are you a Milan Kundera fan?

    • Buck Inspire says:

      Thanks Flexo! I never heard of Milan Kundera before you mentioned him. I did a quick search and a post mentioned he takes a pessimistic view of the human condition. Interesting. I always thought I was naively optimistic, but when it came to viewing myself, it was very negative. I’m in a better place and constantly striving to rid my unhealthy pessimistic view of myself. Thanks for stopping by! I hope you and everyone on the East Coast are safe from Irene.

  12. Hey Buck. This is a great post. It serves as a warning to us all about allowing our prejudices and other feelings to get in the way of sound, unbiased analysis.

    By the way…I think it’s funny that you referred to your former coworker as your nemesis.

    • Buck Inspire says:

      Thanks Khaleef! You hit it on the head. I’m a very emotional person and I did let my prejudices and feelings cloud my judgment. Funny you picked up on nemesis. My friends laugh at my use of super charged words. Since you pointed it out. It made me realize I could really do nothing but what I did. How could a sane person mimic his nemesis’ thought process? How could someone follow the moves of someone he despised, even though it may have been the best move?

  13. Benny says:

    Great post Buck! $12 a share? Wow!! I bought some at $130 because that time I turned from a lifelong PC guy to a Mac and thought I should buy stocks in companies I love. I wish I had bought more when it went below $100.

    It’s sad he’s leaving cause he’s change the world with his innovations. I read they have products ready for the next couple years but after that there is no telling how they will be without his vision.

    $12? Wow…

    • Buck Inspire says:

      Thanks Benny! Nice catch at $130 and buying companies you love. Good technique. Sadly, in my case, since I “hated” Apple, it wouldn’t have worked for me. Live and learn. It does sound like Apple is set for the next few years. $12? Too bad we don’t have a crystal ball.

  14. Excellent post, I should say. Apple is like Berkshire Hathaway. Without the man at the helm, they’re going to have a tough time doing as well as before.

    • Buck Inspire says:

      Thanks Tony! Has any company lost a critical figure and actually came back stronger? Most have gotten weaker (Microsoft, Walmart, Dell, etc.) Would this be a good reason to short the stock?

  15. Steve Jobs has always been the face of Apple, and as you mentioned, an inspiration to all with his career and accomplishments. It will be interesting to see where Apple goes from here.

  16. Maxhine Yap says:

    Watching the video really give me a lot of understand how Apple come to be the most trusted computer product. Steve Jobs really done many amazing things with Apple. Now that he resign from his position. What will happen to Apple? Will it still dominate the industry? Thanks for sharing the video

  17. Great post and tribute to a real visionary. Trading takes a level of conviction and confidence that’s inextricably linked with how confident we are in ourselves. Self-discovery is important and I hope you’re not beating yourself up about buying up shares in Apple.

  18. Jessica says:

    Good post! Really got me to finish the clip. Inspiring and courageous determination from Steve Jobs decision on resigning.

  1. August 28, 2011

    […] Steve Jobs Resigns: Why I Hated Apple from Buck Inspires. […]

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