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@PaulTTran@morganhousel Even more puzzling: a publicly traded company delivers record revenue and profits yet the stock drops because it 'missed' the forecast. That kind of reaction says more about market psychology than actual business performance.
@PaulTTran@morganhousel I've never quite understood the obsession with forecasting. Forecasts feel almost nonsensical. How can serious organizations base major decisions on speculation when no one truly knows what will happen with any real certainty? History has far more to teach us.
@LizAnnSonders Not trying to be a smart with you. I'm not sure why this deserves its own post. Help me understand how this is significant. I understand it's possible to run and grow a company while running in the red. But laws of business dictate eventually you must turn a profit.
@awealthofcs Unless you're a short term trader trying to time the market, what does a short term outlook provide? Companies exist to provide and increase share holder value over time. And generally speaking, they've done a decent job of doing so.
@Tim_Denning Not all emails carries equal weighting. Additionally, focus on what will move the needle. Its conceivable that in certain businesses, email isn't the main source of communication therefore doesn't get top priority.
If you believe in it and will stick with it, then it works. What is the breakdown of your 80%? Run analysis on total return as well as standard deviation vs. mean across the entire portfolio starting October 7, 2008. Curious if it holds up.
Seems a bit ETF heavy but hey...to each their own.