GolfHos
 
*
June 06, 2020, 01:41:40 AM
Username: Password: Duration:

So who do you believe is correct?

 
Pages: [1]   Go Down
  Print  
Author Topic: So who do you believe is correct?  (Read 1425 times)
0 Members and 1 Lurker/Spider are viewing this topic.
gleek
Flak Jacket

Karma: 107
Posts: 9484
Offline Offline

E chu ta!

View ProfileIgnore this user
So who do you believe is correct?
« on: March 03, 2008, 07:57:26 AM »

Link

or

Link
Logged Return to Top

Woman, open the door, don't let it sting. I wanna breathe that fire again.
birdymaker
Straitjacket
From: a third world country in the making

Karma: 18
Posts: 2923
Offline Offline


View ProfileIgnore this user
Re: So who do you believe is correct?
« Reply #1 on: March 03, 2008, 07:59:28 AM »

lets see i'll go with the first guy instead of this guy.  Devil



* 0912_bush.jpg (35.24 KB, 440x269 - viewed 28 times.)
Logged Return to Top

women are like tornados. In the beginning there's a lot of sucking and blowing. In the end, the car's gone, the house is gone..
Aske
Lederhosen

Karma: 120
Posts: 31318
Offline Offline


View ProfileIgnore this user
Re: So who do you believe is correct?
« Reply #2 on: March 03, 2008, 08:03:52 AM »

well i already posted my thoughts that if gdp growth rate is + but smaller than the inflation rate  you're technically receding based on a real* $ analysis, soooo   ...


oh, back on point.  self made investment genius or silver spoon chimp who couldn't even buy an ALCS win.     tough call.

Logged Return to Top

Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
hobbit
Tartan Jacket
From: The Shire

Karma: 27
Posts: 1823
Offline Offline


View ProfileIgnore this user
Re: So who do you believe is correct?
« Reply #3 on: March 03, 2008, 08:41:30 AM »

Well, we know the second guy is full of it.

But, wft is a 'common sense recession' anyway?  It looks like we may have one so lets call it now?  Dewey Wins!  Wink


An aside on his 'stocks are not cheap' comment....

If we're in a 'recession' (now that the term has been redefined  Roll Eyes ), stocks would be cheap (compared to historical and future performance).  Just because they may not have hit bottom yet does not mean they're not cheap.  How can he have it both ways?  Its a 'recession', but stocks are not cheap?  Hmmmm

So why does he say these things.... because he's better at timing the market than most.  Anything less than the rock bottom price and he says its not cheap.  But it would be cheap - whether you bought at $30 or $28 may not make a big difference to you when its back up to $60 - it was still a good buy (cheap).  We likely have not hit bottom yet, we may well go into a recession - but if you think you can 'time the bottom' like Buffet, you'll be too late.  And thats the only thing his 'stocks are not cheap' comment pertains to - his (supernatural/genius/you'll never have it) timing of the bottom.

Logged Return to Top

I've gone to find myself.  If I get back before I return, keep me here.
gleek
Flak Jacket

Karma: 107
Posts: 9484
Offline Offline

E chu ta!

View ProfileIgnore this user
Re: So who do you believe is correct?
« Reply #4 on: March 03, 2008, 08:50:29 AM »

If we're in a 'recession' (now that the term has been redefined  Roll Eyes ), stocks would be cheap (compared to historical and future performance).  Just because they may not have hit bottom yet does not mean they're not cheap.  How can he have it both ways?  Its a 'recession', but stocks are not cheap?  Hmmmm

Why can't we be in a recession and still have stocks being overvalued?
Logged Return to Top

Woman, open the door, don't let it sting. I wanna breathe that fire again.
Aske
Lederhosen

Karma: 120
Posts: 31318
Offline Offline


View ProfileIgnore this user
Re: So who do you believe is correct?
« Reply #5 on: March 03, 2008, 08:51:47 AM »

If we're in a 'recession' (now that the term has been redefined  Roll Eyes ), stocks would be cheap (compared to historical and future performance).  Just because they may not have hit bottom yet does not mean they're not cheap.  How can he have it both ways?  Its a 'recession', but stocks are not cheap?  Hmmmm

Why can't we be in a recession and still have stocks being overvalued?

if those stocks return to 'value'  it's gonna me the great depression look like a hiccup.
Logged Return to Top

Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
hobbit
Tartan Jacket
From: The Shire

Karma: 27
Posts: 1823
Offline Offline


View ProfileIgnore this user
Re: So who do you believe is correct?
« Reply #6 on: March 03, 2008, 11:40:37 AM »

If we're in a 'recession' (now that the term has been redefined  Roll Eyes ), stocks would be cheap (compared to historical and future performance).  Just because they may not have hit bottom yet does not mean they're not cheap.  How can he have it both ways?  Its a 'recession', but stocks are not cheap?  Hmmmm

Why can't we be in a recession and still have stocks being overvalued?

Well perhaps its semantics, but stocks that may be considered overvalued are still 'cheap' when compared to past and future performance.

Again, in my example above - a stock selling at $30 may be considered overvalued by Buffet, who seeks to buy at $28.  But if you wait for Buffet to make his move and 'time' the market, you'll likely be paying $32 by then.  Overvalued or not, $30 on a stock that may well return to $50 or more in the near term is buying 'cheap'.

Obviously there are some stocks that may not recover, but thats a minority strawman.

Logged Return to Top

I've gone to find myself.  If I get back before I return, keep me here.
Pages: [1]   Return to Top
  Print  
 
Jump to:  

Related Posts
A little quiz.
Worst Golfer, was correct for Sail Away. :D1PuttParr was correct for She moves i
by Jules

need some life in here!! Golfhos Movie Hall of Fame game
Godfather- 12Goodfellas- 14 Shawshank Redemption-13 saveExorcist-9Platoon-2 kill
by gleek

Eagle- chess experiment?
Going by the original correct one on page 1, the one @ the bottom of page 2 is a
by E-A-G-L-E!

NFL 2009 Pick em Pool contest
Congrats to Todd Stevens for winning the contest this year. Todd had 178 correct
by Teed

 


 
  Powered by SMF | SMF © 2001-2009, Lewis Media

Dilber MC Theme by HarzeM