Earnings Scorecard: For Q1 2022 (with 20 S&P 500 companies reporting actual results), 14 S&P 500 companies have reported a positive EPS surprise and 16 S&P 500 companies have reported a positive revenue surprise.
Earnings Scorecard: For Q1 2022 (with 20 S&P 500 companies reporting actual results), 14 S&P 500 companies have reported a positive EPS surprise and 16 S&P 500 companies have reported a positive revenue surprise.
it would be so wild if value dominated for 10 years. Just so contrary to how most stock investors think. Reminds me of that old saying - that the market will do the thing that will cost the most people to learn the hardest lesson. Or something like that. It's not literally true but halfway true.
It would take 5-7 years for people to give up on tech stocks. Probably just in time to get back into them. But by then they'd all be value investors.
As we speak, it's been a year of strong outperformance for value over performance for tech. How long until that starts to sink in?
it would be so wild if value dominated for 10 years. Just so contrary to how most stock investors think. Reminds me of that old saying - that the market will do the thing that will cost the most people to learn the hardest lesson. Or something like that. It's not literally true but halfway true.
It would take 5-7 years for people to give up on tech stocks. Probably just in time to get back into them. But by then they'd all be value investors.
As we speak, it's been a year of strong outperformance for value over performance for tech. How long until that starts to sink in?
1 year:
Value (VTV): +14%
Growth (VUG) +4%
I think people will give up on tech stocks over the next year. They’ll get burned, and won’t be back for a decade. Dividend stocks will do better, but won’t escape the carnage (down 60% versus 80%). Investors will blame Wall Street, the Fed, and the politicians, as they should. CDs, eating at home, tv sitcoms, and paying off debt will be popular.
... Sometimes, I have put in a ton of money when the market was really down which can and has really skewed my results.
Why would that skew your results? Your allocation would be basically the same, and you weren't selling and buying back in. That confirms my suspicion that you're just calculating something wrong here.
BTW anyone notice many of Flagpole's posts get +4 upvotes within 2 minutes? I love upvoting my own posts but brother Flagpole has the dedication to do it from 4 different IP addresses
Sure it can and does. When I have done that, I have usually bought the fund or funds that were down the most to that point in the year. A big buy in when low, IF that fund recovers in that calendar year (which actually has happened to me a lot), then that can skew your results.
Lol this flame war is funny only because it’s Flag.
Idiot any perspectives on the Canadian bank “windfall tax”? My stocks are doing ok, but I worry, of course. I have the feeling that, in typical bank fashion, they will get either or both consumers or govt to actually pay those costs.
Lol this flame war is funny only because it’s Flag.
Idiot any perspectives on the Canadian bank “windfall tax”? My stocks are doing ok, but I worry, of course. I have the feeling that, in typical bank fashion, they will get either or both consumers or govt to actually pay those costs.
I realize I read FP’s post too quickly in the middle of the night and what he wrote that I quoted could easily have been true.
I have no strong opinions about the recent budget. There were a few items of interest, including that one. Also a prohibition on foreign buyers of homes for two years, which might affect the value of our RE. Also some kind of minimum tax on “high earners,” which depending on the details could affect us (not that our earning are high by LRC standards of course, but everything is relative). I sort of think the windfall tax will be water off a duck’s back for the Canadian banking juggernaut, but I guess we will see. The markets have not responded by going into gyrations for the big hoser banks, not yet anyway…
Lol this flame war is funny only because it’s Flag.
Idiot any perspectives on the Canadian bank “windfall tax”? My stocks are doing ok, but I worry, of course. I have the feeling that, in typical bank fashion, they will get either or both consumers or govt to actually pay those costs.
Actually, it is not really funny but kind of sad that Flagpole actually thinks he can beat the market 32 out of 33 years in a row. He has such a little understanding of the market and of statistics that he really believes it. Flagpole, take a course in statistics (just one course) and you will understand how foolish you are being. Journalism ain't doing much for your understanding of stuff.
Lol this flame war is funny only because it’s Flag.
Idiot any perspectives on the Canadian bank “windfall tax”? My stocks are doing ok, but I worry, of course. I have the feeling that, in typical bank fashion, they will get either or both consumers or govt to actually pay those costs.
Actually, it is not really funny but kind of sad that Flagpole actually thinks he can beat the market 32 out of 33 years in a row. He has such a little understanding of the market and of statistics that he really believes it. Flagpole, take a course in statistics (just one course) and you will understand how foolish you are being. Journalism ain't doing much for your understanding of stuff.
Actually, no, I do not think I can beat "the market" 32 out of 33 years. I don't even think I can beat The Dow 32 out of 33 years. Going forward, I don't think I can or will do anything out of the ordinary. I do KNOW though that I beat The Dow 32 out of the last 33 years.
This year is looking bad though...and again, I brought this up initially because it's a rare situation for me.
Actually, it is not really funny but kind of sad that Flagpole actually thinks he can beat the market 32 out of 33 years in a row. He has such a little understanding of the market and of statistics that he really believes it. Flagpole, take a course in statistics (just one course) and you will understand how foolish you are being. Journalism ain't doing much for your understanding of stuff.
Actually, no, I do not think I can beat "the market" 32 out of 33 years. I don't even think I can beat The Dow 32 out of 33 years. Going forward, I don't think I can or will do anything out of the ordinary. I do KNOW though that I beat The Dow 32 out of the last 33 years.
This year is looking bad though...and again, I brought this up initially because it's a rare situation for me.