4 ms·
It is an odd position because the P/E and Forward P/E are elevated but not extreme. The bigger warning signal for me is when I see people in public talking abou
by digitcatphd 1y ago
It is an odd position because the P/E and Forward P/E are elevated but not extreme. The bigger warning signal for me is when I see people in public talking about stocks or having stock screens open and this happened almost four times in one week. For me that is basically the sign to risk manage.
- boyka 1y agoBecause of the implication that markets are moved by amateurs and their hope?
- digitcatphd 1y agoIrrational exuberance the very thing this indicator was intended to track.
- pphysch 1y agoYes, a family member approached me about investing in a scheme (on Robinhood) ran by an infamous dotcom boom huckster. They had already invested 5 figures and shared that another extended family member was 6 figures deep, fully exposed. These are normal people with normal jobs.
- pfannkuchen 1y agoDoes the pleb index (so to speak) hold when the cause is less “I’m going to make a ** ton of money” and more “the currency is *** and I have to store value somewhere”?
- digitcatphd 1y agoT-Bills are at 4% which is below the rate of inflation
- creer 1y ago> bigger warning signal for me is when I see people in public talking about stocks Which is interesting "this time" because much of the issue may be due to historical and tax-quirk fullfilling index weighting. And the people invested nearly entirely in these indexes is kinda by definition the people who normally don't even look at their investments. "Irrational autopilot"?
- deleted 1y ago[deleted]
- digitcatphd 1y agoIt’s never different this time, this is embedded into human nature and people oscillate between fear and greed. That’s it. Not more complicated than that.