jesseriley wrote:
So, do you actually believe you are a ghost? Also, do you believe you’re a traitor?
You really make no sense at all. And you fo this all day and night. You really do need more or perhaps less CBD oil. We’ll let you decide.
jesseriley wrote:
So, do you actually believe you are a ghost? Also, do you believe you’re a traitor?
You really make no sense at all. And you fo this all day and night. You really do need more or perhaps less CBD oil. We’ll let you decide.
You too, Igy.
Genius & madness are not necessarily exclusive. I survived organizing 5 transcons and it takes some of both, to organize or compete.
Yes, valuations matter. But they are not the only metric that affects the markets. This is why Ghost’s myopic view is flawed. Valuations have been high for years, yet the markets have set new records. Eventually the markets will fall, but it will not be valuations alone that cause that. It’s just not as simple as Ghost would have us believe.
History is cited often in this thread as the one truth regarding the markets. If one believes that history will repeat itself and one has a reasonably long investment horizon, then the best course of action is to stay invested in equities (buy and hold).
Yes, and these are organic, non-linear systems based on flawed humans. Genius/madness is a simplistic viewpoint, we all ride a wave of consciousness on the way to arriving at our final destination.
Drugs can’t make you as smart as me, and pain is just nature’s way of saying, “Accept your fate.”
Punter wrote:
Yes, valuations matter. But they are not the only metric that affects the markets. This is why Ghost’s myopic view is flawed. Valuations have been high for years, yet the markets have set new records. Eventually the markets will fall, but it will not be valuations alone that cause that. It’s just not as simple as Ghost would have us believe.
History is cited often in this thread as the one truth regarding the markets. If one believes that history will repeat itself and one has a reasonably long investment horizon, then the best course of action is to stay invested in equities (buy and hold).
I actually believe in most of what you have written. However, I believe valuations are much more informative than your view, just not as a market timing mechanism.
Ghost of Igloi wrote:
Punter wrote:
Yes, valuations matter. But they are not the only metric that affects the markets. This is why Ghost’s myopic view is flawed. Valuations have been high for years, yet the markets have set new records. Eventually the markets will fall, but it will not be valuations alone that cause that. It’s just not as simple as Ghost would have us believe.
History is cited often in this thread as the one truth regarding the markets. If one believes that history will repeat itself and one has a reasonably long investment horizon, then the best course of action is to stay invested in equities (buy and hold).
I actually believe in most of what you have written. However, I believe valuations are much more informative than your view, just not as a market timing mechanism.
Tell us how valuations are informative. They certainly have not been very good at predicting a market downfall.
Well the market is negative since the first day of trading 2018. Really won’t matter since the market will bottom this cycle 50-65% lower wiping out returns you considered durable. Believe and put your money where you wish.
Ghost of Igloi wrote:
Only time will tell if your purchases made since 2011 will pay off. I say they won’t?.
8 years and counting.
Why would we doubt anything you post.
mister wrote:
Ghost of Igloi wrote:
Only time will tell if your purchases made since 2011 will pay off. I say they won’t?.
8 years and counting.
Why would we doubt anything you post.
Did Igy really say that? When? Recently?
Mouth Breather wrote:
Ghost of Igloi wrote:
I actually believe in most of what you have written. However, I believe valuations are much more informative than your view, just not as a market timing mechanism.
Tell us how valuations are informative. They certainly have not been very good at predicting a market downfall.
Ghost of Igloi wrote:
Well the market is negative since the first day of trading 2018. Really won’t matter since the market will bottom this cycle 50-65% lower wiping out returns you considered durable. Believe and put your money where you wish.
Not true. Both the Dow and S&P are ahead of where they started 2018. But that wasn’t what I asked about.
Care to try again? How are valuations informative?
seattle prattle wrote:
mister wrote:
8 years and counting.
Why would we doubt anything you post.
Did Igy really say that? When? Recently?
I said that earlier this year. I believe over the next year or two the S&P 500 will bottom around 1,000-1,200, or about 2011 levels.
Mouth Breather wrote:
Mouth Breather wrote:
Tell us how valuations are informative. They certainly have not been very good at predicting a market downfall.
Ghost of Igloi wrote:
Well the market is negative since the first day of trading 2018. Really won’t matter since the market will bottom this cycle 50-65% lower wiping out returns you considered durable. Believe and put your money where you wish.
Not true. Both the Dow and S&P are ahead of where they started 2018. But that wasn’t what I asked about.
Care to try again? How are valuations informative?
Learn yourself up:
https://www.financialresearch.gov/briefs/files/OFRbr-2015-02-quicksilver-markets.pdfThe Stress Index? Are you sure that’s what you meant to link?
No matter. Indeed both the Dow and S&P 500 are net positive since the beginning of 2018, as that other poster mentioned.
Ghost of Igloi wrote:
Wineturtle,
I have no opinion on TSN, but does not seem a great value at current price.
I would review the financials on page 23 of the 2018 Annual Report:
https://s22.q4cdn.com/104708849/files/doc_financials/quartely/2018/q4/TSN-FY18-10-K.pdfThe sales are relatively flat for five years, debt rising as company buys back stock at ever higher prices. Net income is up, but paid no taxes 2018 based on prior losses. I would review risk disclosures in annual statement.
Igy
Thanks
They are planning a move into the non-meat sector of food delivery and since they have a very efficient delivery chain in existence and the non-meat sector continues to emerge as more that just a fad for leftover Hippies ....
OK, wrong on the index, what by two weeks? On the other topic, if you don’t think valuation is informative fine. See how it manages this cycle, but to make that judgement now would be inappropriate.
Thanks, Igy, for posting the recommendation by Jim Cramer to not sell, that a recession is not coming, and to stay long and strong. That is good to hear.