Expensive hardware used to age gracefully. With iPadOS 27’s memory requirements, Apple is demoting top-tier silicon to legacy status in just 24 months. https://t.co/Bt6aMNJ1Cs
“When things are going well and prices are high, investors rush to buy, forgetting all prudence. Then, when there’s chaos all around and assets are on the bargain counter, they lose all willingness to bear risk and rush to sell.
And it will ever be so.”
— Howard Marks