Yes I did get a truckload then, what about yourself. I remember BlackPeter giving me the hex for it.
I went long, very long and as the sp took a while to take off again, I reminded myself that the best gains are always made from stocks 'climbing up a wall of worries".
Yes I did get a truckload then, what about yourself. I remember BlackPeter giving me the hex for it.
BlackPeter's models and his love of 5 and 10 year CAGRs often paint the wrong picture - you need to think objectively about the future sometimes.
Somebody on here (not Balance) pleaded a great case about Fletchers future post getting the house in order - and made me forget the past and what a dinosaur (beagles term besides various types of dog) they were and think objectively about the future. Whoever it was I owe you a beer or two
Last edited by winner69; 29-03-2021 at 02:19 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
BlackPeter's models and his love of 5 and 10 year CAGRs often paint the wrong picture - you need to think objectively about the future sometimes.
Nothing wrong with the picture if you want to determine the value based on earnings and growth, assuming nothing unexpected happens. Obviously difficult to determine the future without being omniscient (which mortals tend not to be).
I didn't manage yet to fault Ben Grahams wisdom "nobody can predict future share prices". It sounds like some people on this thread think they can, but I think they might be wrong ;
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Freely admitted that I had to remind myself that some stocks perform when they ‘climb up on a wall of worries’!
And there were plenty of disparaging comments at that time which I welcomed as all views can be useful - up to each individual to decide.
Noted... Can I just ask whether there are any or many other nz stocks right now that you consider are truly in that recovery phase and 'climbing the wall' .... if so, there is no need to identify them, I am just interested to know for the medium term
Noted... Can I just ask whether there are any or many other nz stocks right now that you consider are truly in that recovery phase and 'climbing the wall' .... if so, there is no need to identify them, I am just interested to know for the medium term
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