{"id":5932,"date":"2012-01-26T09:25:29","date_gmt":"2012-01-26T09:25:29","guid":{"rendered":"https:\/\/www.portfolioprobe.com\/?p=5932"},"modified":"2012-01-26T09:25:29","modified_gmt":"2012-01-26T09:25:29","slug":"positional-stocks","status":"publish","type":"post","link":"https:\/\/www.portfolioprobe.com\/2012\/01\/26\/positional-stocks\/","title":{"rendered":"Positional stocks"},"content":{"rendered":"<p>Conspicuous consumption &#8212; buying what others can&#8217;t afford &#8212; is a disequilibriating force.\u00a0 Prices get raised and supply is limited.\u00a0 The goods that are conspicuously consumed are positional goods.<\/p>\n<p>A similar phenomenon occurs in the stock market.\u00a0 AAPL currently seems to fit the mold.\u00a0 Fashion changes.\u00a0 I <a href=\"https:\/\/www.portfolioprobe.com\/2011\/09\/22\/review-of-future-babble-by-dan-gardner\/\">don&#8217;t much believe in predictions<\/a>, but I predict that &#8220;bite of Apple&#8221; will have a new connotation in the foreseeable future.<\/p>\n<h2>Epilogue<\/h2>\n<p>Perhaps the <a href=\"http:\/\/www.youtube.com\/watch?v=ypD4w9we0IU\" target=\"_blank\">best possible explanation of &#8220;positional good&#8221;<\/a>.<\/p>\n<p><a href=\"http:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=PortfolioProbe&amp;loc=en_US\" target=\"_blank\">Subscribe to the Portfolio Probe blog by Email<\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Conspicuous consumption &#8212; buying what others can&#8217;t afford &#8212; is a disequilibriating force.\u00a0 Prices get raised and supply is limited.\u00a0 The goods that are conspicuously consumed are positional goods. A similar phenomenon occurs in the stock market.\u00a0 AAPL currently seems to fit the mold.\u00a0 Fashion changes.\u00a0 I don&#8217;t much believe in predictions, but I predict &hellip; <a href=\"https:\/\/www.portfolioprobe.com\/2012\/01\/26\/positional-stocks\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[222],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/posts\/5932"}],"collection":[{"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/comments?post=5932"}],"version-history":[{"count":0,"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/posts\/5932\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/media?parent=5932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/categories?post=5932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portfolioprobe.com\/wp-json\/wp\/v2\/tags?post=5932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}