Print Page - So, who's buying?

Title: So, who's buying?
Post by: littleman on February 09, 2018, 06:04:00 PM

Or going to start soon?

Title: Re: So, who's buying?
Post by: Travoli on February 09, 2018, 07:25:25 PM

Stocks or crypto?

Title: Re: So, who's buying?
Post by: Mackin USA on February 09, 2018, 08:14:36 PM

#DEBT

Title: Re: So, who's buying?
Post by: littleman on February 09, 2018, 08:35:13 PM

I was thinking stocks. We were sitting at about 50% cash, now we're looking at doing some buying. Looking at some REITs & BDCs mostly.

Title: Re: So, who's buying?
Post by: rcjordan on February 09, 2018, 09:10:37 PM

>stocks

FWIW, feed headlines seem to say we're not at the bottom yet.

Title: Re: So, who's buying?
Post by: littleman on February 09, 2018, 09:17:16 PM

> bottom

Yeah, probably not yet.

Title: Re: So, who's buying?
Post by: Travoli on February 09, 2018, 11:20:04 PM

I like this page, which seems to be regularly updated. https://www.advisorperspectives.com/dshort/updates/2018/02/02/is-the-stock-market-cheap

P/E10 Ratio = 33.5 (historic average is 16.8). Currently in 97th percentile. Currently sitting at a high deviation from the mean.

"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffett

Summary: Based on valuations, I'm fearful. It'll probably go higher. You should be greedy.

Title: Re: So, who's buying?
Post by: rcjordan on February 09, 2018, 11:24:13 PM

>P/E10 Ratio = 33.5 (historic average is 16 )

I was just looking at some of the high-flyer P/E ratios earlier this week. Holy crap! Back a couple of decades ago, I got fearful at 14.

Title: Re: So, who's buying?
Post by: rcjordan on February 12, 2018, 05:41:52 PM

Don't be fooled by the 'stocks are cheap now' argument. They're not

https://www.cnbc.com/2018/02/12/dont-be-fooled-by-the-stocks-are-cheap-now-argument-theyre-not.html

Title: Re: So, who's buying?
Post by: rcjordan on April 25, 2020, 08:35:29 PM

^{<mind the gap>}

To Icahn, who at 84 has traded through all the stock-market crashes since the Great Depression, the future is just too unpredictable for the S&P 500 to be trading at 17 times 2021 earnings estimates.

He's hoarding cash, ^**shorting commercial real estate^** and preparing for the coronavirus to wreak more havoc.

Icahn Says Stocks Are Overvalued, Virus May Cause 'Downdrafts'
https://www.bloomberg.com/news/articles/2020-04-25/icahn-says-stocks-are-overvalued-virus-may-cause-downdrafts

Title: Re: So, who's buying?
Post by: littleman on April 25, 2020, 09:47:57 PM

>shorting commercial real estate

Probably a safer bet these days.

The Core

Why We Are Here => Economics & Investing => Topic started by: littleman on February 09, 2018, 06:04:00 PM