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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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 Posted: 15/Aug/2009 at 2:22pm |
MJ had a simian pet called Bubbles. That's all I can contribute. Oh, and there was a song sung by the now rarely seen Anglo-Indians titled, "I'm for ever blowing bubbles".
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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 Posted: 15/Aug/2009 at 2:30pm |
PE Ratios of popular companies during/post bull market
Company dec 99 p/e march 2003 p/e
GE 48.1 15.7
Home Depot 97.4 14.3
Sun Microsystems 123.3  N/A
Edited by subu76 - 15/Aug/2009 at 2:31pm
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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 Posted: 15/Aug/2009 at 2:35pm |
Quick question:
Do you know of a 40 p/e stock of a non - cylical company?
If yes, do post here...... (no extraordinary event stocks please)
It'll be interesting to track their prices.
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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 Posted: 15/Aug/2009 at 5:52pm |
A quote from a guru during 1960s go go year
“short-term investing may actually be safer than long-term investing sometimes, and the price action of the stocks may be more important than the ‘fundamentals’ on which most research is based . . . portfolio managers buy stocks, they do not ‘invest’ in corporations.”
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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 Posted: 15/Aug/2009 at 5:56pm |
Prices of some of the favorite stocks of 1960s go go year
Name High Low
National Student Marketing 36 1.5
Four Seasons nursing homes 91 0
Commonwealth United 25 1
Management Assistance 46 2
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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 Posted: 15/Aug/2009 at 6:00pm |
The mind is quite malleable. It is possible to rationalise anything. Short term, long term, concentrated, diversified, growth, value.
As some other guru said, "Enjoy what you do".
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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 Posted: 15/Aug/2009 at 6:14pm |
When there is a gap between perception and reality, it is only a matter of time until the gap is reconciled.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 15/Aug/2009 at 6:30pm |
Check on Polaroid,Xerox and carpet companies of the late 50's.
Originally posted by subu76
Prices of some of the favorite stocks of 1960s go go year
Name High Low
National Student Marketing 36 1.5
Four Seasons nursing homes 91 0
Commonwealth United 25 1
Management Assistance 46 2 |
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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