• Bruncvik
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    6 days ago

    P/E under 20 and PEG under was a surefire way to attract the attention of value investors. Don’t think there are many of them left…

    Speaking of Amazon, I really missed the boat with that one. After the Internet crash of 2001, I looked at it, but due to the very low growth forecasts I didn’t bother. A few years later the stock was up 800%.

    • TranscendentalEmpire@lemmy.today
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      6 days ago

      Yeah… If the post 08 economy has re-taught me anything about investing it’s that doing anything much more complicated than index funds is just gambling. I still play the market for fun, but it’s my equivalent of going to the casino and being pretty decent at cards.

      Not much of the old school value investing really pans out more than watching where people are yoloing their money, getting in on the action, and then trying to tuck tail before everyone else.