Episode 70 takes a closer look at how expectations guide Wall Street. We discuss AAPL's transformation from a growth stock to a value stock, focusing on the contributing factors that led to the reset. We then discuss the framework underpinning Wall Street's expectations game and how management teams have a better chance at succeeding in the game. We conclude with implications resulting from Apple becoming a value stock. More information on Above Avalon memberships can be found at AboveAvalon.com/membership.