How I got 1,000% smarter about the stock market in 12 hours
Sometimes when commodities "go on sale" people run away from them also. For example if OPEC overproduces during a recession.
Gotta disagree about Barron's. For better or worse, their stock recommendations are in fact professional investment advice. Not so much WSJ.
To be sure, no one knows. But I like the intellectual discourse of scenarios.
So well said, Spencerbuck. So well said.
I agree with the point that one cannot naively expect all stocks to come back in price.
But that Bessembinder study is deeply flawed. But you have to go to the literature to figure it out. I did, and discussed the results here: https://focusedinvesting.substack.com/p/study-design-can-make-investments?r=3haij3
Much better is Triumph of the Optimists.
Sometimes when commodities "go on sale" people run away from them also. For example if OPEC overproduces during a recession.
Gotta disagree about Barron's. For better or worse, their stock recommendations are in fact professional investment advice. Not so much WSJ.
To be sure, no one knows. But I like the intellectual discourse of scenarios.
So well said, Spencerbuck. So well said.
I agree with the point that one cannot naively expect all stocks to come back in price.
But that Bessembinder study is deeply flawed. But you have to go to the literature to figure it out. I did, and discussed the results here: https://focusedinvesting.substack.com/p/study-design-can-make-investments?r=3haij3
Much better is Triumph of the Optimists.