Public Equities. Do your own research, assume I have a position in any stock mentioned. This is mostly a personal investing journal and is not financial advice.
“I never use valuation to time the market. I use liquidity considerations and technical analysis for timing. Valuation only tells me how far the market can go once a catalyst enters the picture to change the market direction.”
— Stanley Druckenmiller
@MingeTMerciless@samueljenkinson I think a lot of people have this impression that old money people go around in shitty old cars and clothes because they don’t care. I’m just saying that, from my experience, that’s generally not true. And yeah they are ‘properly posh’ people.
.@Peston: That is a travesty of Kemi Badenoch’s position!
@RobertJenrick: No it isn’t.
Reform UK’s Robert Jenrick is shown @KemiBadenoch’s GMB interview and denies ‘manipulating’ a tragedy to score ‘petty political points’
#Peston
You’re making an assumption there that these companies will drive appreciation, which is far from certain. They are burning cash subsidising AI-usage by their customers and it’s not clear their customers would pay a profit-making price for their services. That, combined with high initial valuations, means it’s likely they will fall in value from here IMO
@PythiaR@angryinvesting No they’re not, because you can’t see into the future, and that’s why a 52W Low must be a backward looking metric.
A stock that goes up in a straight line will be at *a future* 52W low but not at *the* 52W low as we can describe it today