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1000% but when it is the right time (per fundamental analysis). For example around the subprime crisis companies such as Microsoft had a low PE ratio and the av
by wslh 2y ago
1000% but when it is the right time (per fundamental analysis). For example around the subprime crisis companies such as Microsoft had a low PE ratio and the average person thought that Microsoft was a loser vs. Apple and Google. Microsoft has a resilience track record that would be the envy of most companies and .NET was a real thing.
I also remember other companies such as Globant that has a lower PE price vs. similar companies after their IPO. It is incredible that some investors try to build very complex models instead of waiting for the right opportunity.
Not against speculation but you should know when you are doing it or fundamental investing.
- ghaff 2y agoMicrosoft has actually been a nice investment if you bought in the latter 2010s. I don't remember why I did. Probably I liked what Nadella was doing.
- wslh 2y agoI bought it within the subprime crisis because of the simple PE ratio and deep technical knowledge of Microsoft [1]. [1] https://www.nektra.com/main/2020/01/12/reflecting-on-16-years-of-work-on-adversarial-interoperability/ https://www.nektra.com/main/2020/01/12/reflecting-on-16-year...
- gamepsys 2y agoRule of thumb, the more people are talking about a stock the more weary you should be that your insight is ahead of the curve.
- wslh 2y agoCompletely, is linked to the Warren Buffet insight watching people playing at the Casinos [1]. [1] https://money.com/warren-buffett-stock-market-casino/ https://money.com/warren-buffett-stock-market-casino/