From CNBC’s “Satori Fund’s Dan Niles on what investors should watch after Apple product launch event” aired Tuesday morning on Squawk Box.
My take: Buy the rumor, sell the news, yadda yadda yadda. Niles, you may recall, was telling CNBC listeners to sell Apple when it was trading in April 2020 for $67 a share. “You can’t eat an iPhone,” he said. “You can’t live in an iPhone. You can’t be warmed by an iPhone.”