Down goes the Dow

Billionaires sell too soon. Billionaires do not buy too late. 26xx.xx S&P 500 is not a buying opportunity. S&P 500 is not a bargain at 26xx.xx. Billionaires were buying gold in the mid-1990's between $200 to $400 per ounce. Billionaires were selling gold in the 00's between $800 to $1000 per ounce.

Difference between thousandaires and billionaires ... wrote:

Billionaires sell too soon. Billionaires do not buy too late. 26xx.xx S&P 500 is not a buying opportunity. S&P 500 is not a bargain at 26xx.xx. Billionaires were buying gold in the mid-1990's between $200 to $400 per ounce. Billionaires were selling gold in the 00's between $800 to $1000 per ounce.

Billionaires typically make their billions outside of the markets.

Buffett wrote:

Difference between thousandaires and billionaires ... wrote:

Billionaires sell too soon. Billionaires do not buy too late. 26xx.xx S&P 500 is not a buying opportunity. S&P 500 is not a bargain at 26xx.xx. Billionaires were buying gold in the mid-1990's between $200 to $400 per ounce. Billionaires were selling gold in the 00's between $800 to $1000 per ounce.

Billionaires typically make their billions outside of the markets.

Same principles apply. Buffett bought newspapers and other companies at bargain prices. Jared Kushner bought Manhattan real estate at the peak. Don't be like Jared.

Ghost of Igloi wrote:

“ Dip-buyers now have 9% between here and the most offensive valuations in history. Downside is about -63% by my estimates. Remember how compounding works. Even after another -20% down, it would take yet another -54% loss to get to -63%. As in 2000, and 2007, not kidding here. “

-John Hussman, 2/10/2018

Other than the first sentence, everything he wrote is based on a wild guess. Who believes this tripe?

Tha Captain wrote:

Ghost of Igloi wrote:

“ Dip-buyers now have 9% between here and the most offensive valuations in history. Downside is about -63% by my estimates. Remember how compounding works. Even after another -20% down, it would take yet another -54% loss to get to -63%. As in 2000, and 2007, not kidding here. “

-John Hussman, 2/10/2018

Other than the first sentence, everything he wrote is based on a wild guess. Who believes this tripe?

Tennille

Ghost of Igloi wrote:

Tha Captain wrote:

Other than the first sentence, everything he wrote is based on a wild guess. Who believes this tripe?

Tennille

Not a chance.

“Keep in mind that overvaluation alone did not end the advances to the 2000, 2007 peaks. It was the combination of extreme overvaluation and deterioration of internals indicating a shift toward investor risk-aversion. “

-John Hussman, 2/10/2018

Ghost of Igloi wrote:

“Keep in mind that overvaluation alone did not end the advances to the 2000, 2007 peaks. It was the combination of extreme overvaluation and deterioration of internals indicating a shift toward investor risk-aversion. “

-John Hussman, 2/10/2018

Bulls can take some solace from that.

200 SMA wrote:

Ghost of Igloi wrote:

“Keep in mind that overvaluation alone did not end the advances to the 2000, 2007 peaks. It was the combination of extreme overvaluation and deterioration of internals indicating a shift toward investor risk-aversion. “

-John Hussman, 2/10/2018

Bulls can take some solace from that.

Again the conundrum that is Igy shows up.

I wonder when buy on the dip no longer works.

Every time you say something dumb - which is often - you just solidify that you are trolling. You had me fooled for awhile, but no longer.

8/10

0/0

Sorry, but the jig is up. You’ve been outed.

7/10

-1/-1

Face the fax wrote:

Sorry, but the jig is up. You’ve been outed.

7/10

The real Igy left here months ago.

Reading is FUNdamental wrote:

Schadenfreude wrote:

Really?

The opening sentence: "People like Flagpole are intolerable." wasn't clear enuff?

Dumass

That wasn’t the opening sentence.

Of course it was. The post is still there for all to seem. You do realize this?

Double Dumass.

Buffett wrote:

Difference between thousandaires and billionaires ... wrote:

Billionaires sell too soon. Billionaires do not buy too late. 26xx.xx S&P 500 is not a buying opportunity. S&P 500 is not a bargain at 26xx.xx. Billionaires were buying gold in the mid-1990's between $200 to $400 per ounce. Billionaires were selling gold in the 00's between $800 to $1000 per ounce.

Billionaires typically make their billions outside of the markets.

Yes. OPM...other people's money.

[quote]Face the fax wrote:

Every time you say something dumb - which is often - you just solidify that you are trolling. You had me fooled for awhile, but no longer.

You need a new tutor.

Hi, K5! Speaking of tutors, when are you going to learn how to correctly quote another post? It’s been years now.