Yeah, evaluating stocks based quarterly reports accuracy always feels like a bit of a fools errand. The heuristic I use for dips in a stock is always “how many

Yeah, evaluating stocks based quarterly reports accuracy always feels like a bit of a fools errand. The heuristic I use for dips in a stock is always “how many days of value did this erase?”. It keeps me sane when looking at large dips. The most recent time Google was at this value was early April. The earliest time Google was at this value was July 2018. Google’s stock valuation has clearly stagnated a by that second metric, but definitely not by the first. This quarterly report didn’t encode much more than a bust of the pre-earnings run-up.