Veteran analyst issues dire warning about stocks [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
The British biologist and philosopher, who died in 1903, is credited with originating the expression "survival of the fittest," which he coined in "Principles of Biology" after reading Charles Darwin's 1859 book "On the Origin of Species." Related: Trump election win may put Fed interest rate cuts at risk Spencer is also responsible for the phrase "there is no alternative," which reflected his belief that Darwin's theory of evolution and natural selection could be applied to human interactions and society. It was a line he used often in response to critics of capitalism, free markets, and democracy. Politicians used the acronym TINA to justify policies of fiscal conservatism and austerity. The concept has been strongly associated with former British Prime Minister Margaret Thatcher. Investors often invoke TINA to justify owning stocks even when they deliver lackluster performance, arguing that other asset classes offer even worse returns. The “TINA Effect” occurs when stock
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- AAPL's page on the SEC website