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Dan Nile's bear thesis on $AAPL
As much as it sounds silly to think that someone would make Apple their largest short position, it's worth looking into the thesis on why it is.

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Out of the 6 points, the issue I have most is the interest rates. I don't think many people take out personal loans or BNPL financing to purchase a new iPhone every few years. I'm curious to hear the community's thoughts.
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Josh Kohn-Lindquist's avatar
Makes sense for the most part. Weirdly refreshing to see a contrarian take.

I can’t doubt them until I see it get worse though.
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