Kass: Apple Is Victim of Past Successes

The video discusses the challenges and strategies related to investing in Apple and other major companies. It highlights the issues of shorting Apple stock, the impact of past successes on future product cycles, and the importance of financial engineering for cash flow. The discussion also covers the difficulties companies face in capital allocation and the need for bold leadership to deploy cash effectively.

What is the teacher's view on Apple's product upgrade cycle?

Why does the speaker believe that Apple is a victim of its past successes?

How does the speaker suggest that companies should handle their cash?

What concerns are raised about the allocation of capital by companies like Caterpillar?

What does the speaker imply about the relationship between price and value?