@JohnDoss1 SMH sucking up money from everything else
I think SMH bubble could deflate and we see a rotation in undervalued tech/software
Indexes might still dip, but there would be some opportunities out there
@SPX_Enthusiast P/S 26 is the new P/S 10
"‘At 10 times revenues, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends" [...] "What were you thinking?"
Scott McNealy, Business Week, 2002
@edzitron They call me “the slop king”. I deliver 250MB binaries that perform functions 50KB of properly written code could do 40x faster, but everyone’s happy with my slop because it pumps semi manufacturers
Big thanks to all who regularly tune into my Saturday morning live streams and especially to all my paying subscribers. The interaction is amazing and prompted me to lay out why depleting inventories aren't a conceptual reason for oil prices to go higher.
https://t.co/fagJOKt8iS