i like that this channel doesn't follow hype trends like other youtubers. my value/ dividend portfolio doing well. i'm just gonna let my hype/growth stocks sit for a while, if i see a deal i'll pick up some shares.
Crashes are scary if you need or want to be selling. For long term investors as long as you have faith in long term success of company and economy its best buying opportunity. Thanks Chuck looking forward to some of those enhancements/ new features / faster speeds!!
Love your channel. Excellent instructions and context. Please do a series on preparing for a market crash/big correction: signs to look for; positioning cash/low risk assets safely to use in purchasing devaluated stocks and a top 25 list of stocks to consider when “on sale.” Thanks!
Thanks Chuck for your wisdom and insight as I always appreciate them from a seasoned investor and if you are still thinking long term, then there is no reason that all of us should be thinking any differently. Channels like yours have given me peace of mind and like you, I can barely wait for the next 30% drop as I will be doubling down on blue chip stock. I will be 50 this year and hope to retire next year, 52 at the latest but it has been 30 years of prep. Thanks again for what you do!
“Yea though I walk through the valley of the market crashes, I shall fear no downturn...because I am the meanest user of FastGraphs in the land.” LOL. My dividends this month top my stock gains.
Great Video! I'm a subscriber of FastGraphs. What a great product! "If there's no fundamentals it's speculation". I agree. Preservation of capital is important. I just can't buy some of these high priced tech stocks. What's interesting is that AMZN never had a price/free cash flow much higher than 60. And AMZN is one of the most successful companies of all time. What are people thinking who are buying stocks at price/free cash flow of 200+?
That was my number one complaint Chuck. Fast graphs old version is very very slow. Glad to see it's being improved! Hopefully in the near future we can get an app for android and ios.
Excellent video Chuck. Thank you for being a rational, calming influence. I'm really looking forward to testing that new version of FastGraphs on some of my lower end devices and tablets. The existing platform is definitely CPU intensive, so any improvement is greatly appreciated.
Thanks Chuck! In light of the currently high valuations, do or did you ever hedge your portfolio (of undervalued or fairly valued stocks) against the so called market risk? Not because of fear, but maybe to help you buy more value when valuations sink. You might be then able to sell the hedge and move more cash into undervalued stocks. I’m aware it’s a “market of stocks”, but if you couldn’t find enough cheap companies to put your money into: Would you just wait for an opportunity or use that extra cash to try to hedge the “valuation risk” of the market? I’m a big fan!! Please keep the videos coming. They are great! By the way: I actually wanted to suggest a “normal PS multiple valuation” to you! :) Great that it’s coming
Thanks for this. I'm a long time member of Fastgraphs and I really love it. It helped me a lot. Me like many other customers are looking forward to see some European stocks as well. Hope one day this will be possible. Thank you!
The new version of FAST graph looks super cool. I hope the developer in your team who fell victim of covid is recovered by now. After more than a year of following you on this channel, it is getting harder and harder for me not to be subscribed to FAST graph. If I am correct, the major difference between the basic and premium memberships is access to FUN graphs. Nevertheless, may I ask you to elaborate on the practical differences between these two membership types? Also, does FAST graph cover non US companies? If not, are you working on it? Any plans? Thank you Chuck.
msd es: Thanks. Our basic version is designed to be an affordable option. The premium version offer several premium features. Such as 14 preloaded portfolios that include the S&P 500, the dividend aristocrats, the S&P 100, the Dow Jones industrial average and others. Additionally, premium subscribers can build unlimited personal portfolios were basic only has access to 3. The FUN graphs (financial underlying numbers) are only available to premium and the new version will be significantly more comprehensive and powerful. It will include complete financial statements and unique statements relative to specific industries. Premium subscribers also get the screening tool which will be greatly improved with the new version. And finally, we will be adding international stocks. However, we do need to test that before we launch it. In other words, if it is not launched with the new version will be added soon thereafter. Thanks again for asking, Chuck
Thanks for all the valuable content provided by these videos here Chuck. As a subscriber request may I suggest a video on Brookfield's BIP and BEP? The latter in particular has come down quite a lot recently and I wonder if the stock is already fairly valued? Thanks and please continue with these great videos.
Hey chuck I have a suggestion for the new fast graph. I can see the chg year to year % is shown below the EPS. It would be nice if we could see the same chag/yrs % for the dividend
Hi Chuck, is there a technical limitation as to why fast graphs can't go back in time further than 20 years? Even if it can't show more than 20 years at once, I would imagine many fellow subscribers would appreciate being able to scroll back in time.
I try to use market crashs for buying stocks. I´m often not that successful to hit the best price and sometimes it gets far lower, but on the longer run I have better prices. I bought several stocks last year at the Corona decline and except one (hotel REIT) I have only good perfoming shares from that time. I like crashes a lot. To be honest I don´t like overvaluated markets like we have today. You still find valuable companies, but the selction is far more limited. On the other hand you can buy new shares with a good valuation on any market situation. Something is always not popular.
Thanks Chuck! Great info as always! Any chance you might discuss QYLD and QYLG? I think they could provide some consistent income in a portfolio, especially for someone near or in retirement.
Ken: I am sorry but the answer is no. I do not consider myself knowledgeable enough about funds to offer any commentary. Furthermore, FAST Graphs only covers individual stocks. Sorry, Chuck
What are some good stocks for beginner investors looking for long-term growth? I've set asides $120,000 to capitalize on the market fall, thank you! I just subscribed to channel as well.
There is the possibility that you could lose $1000's buying individual stocks. What would you do if you saw your portfolio drop 25%. Would you panic .Don't think you will make a killing. How close are you to retirement? Start with mutual funds and ETF's.
Hi Chuck! Great video as always! Are there any plans to introduce a medium tier membership for FastGraphs? I guess many people with smaller savings like me wouldn't have much use of the many extras of the premium membership, but it would be good to be able to have more than 3 custom portfolios and some other metrics otherwise not included in basic membership.
A K R : do we get the new product finished and our costs analyzed we have not yet decided on our product structure. However, one thing we have decided on is not raising prices to existing subscribers for the same product they currently subscribe to. thanks for asking, Chuck
nope nope : we have no plans on raising prices for existing subscribers. However, we might be offering additional products with different pricing. Nevertheless, current subscribers will be grandfathered in at their current levels.
I must be watching too many of these videos. I was absentmindedly whistling Chuck's theme song today and someone asked me what the name of the tune was. I told them "Mr Valuation Blues".
Do you have a personal rule of thumb of a percentage of funds to keep in cash equivalents when you think the market is over bough? One problem with staying invested, is that frequently most stocks will go down in together and we might not have funds to buy without some cash like assets.
Dave: personally, I do not like what I call artificial constructs. I invest where I see value when I have cash available. However, there will be and are times when I would be holding cash looking for things to invest. Also, even during a market correction the portfolio stocks will have different valuations. Therefore, you can always raise money by rebalancing what you have. Finally, there's a big difference between a stock that is overvalued that falls versus one that is attractively valued. In the long run, it attractively valued stocks will perform better all else being equal.
Thanks Chuck for adding sales to new update. What’s your say on holding sp500 if you have got in at low valuations and have been adding over the years? Do you sell it now and look for safe valuation businesses or just add the new money to safe valuations while still holding the sp500.
Yadnesh Samant: the sell decision is always the most difficult. The problem is you can never time it perfectly. With dividend paying stocks that I have invested in for income I may hold on even when their overvalued. As to the index, I see it more as a total return play. Consequently, I would be more likely to sell when valuations are extreme. But once again, timing that is the challenge and cannot be done except by chance or luck. Regards, Chuck
What I've done, when I want to generate dry powder for future deployment into more advantageously valued issues (primarily dividend growth), is to sell a little more S&P 500 index fund each time the index closes at a new all-time high. Since funds reprice their NAV *after* market close, you *can* time this sort of trade fairly reliably by monitoring the index and entering your trade just before market close when a new high seems certain. In essence this is a form of inverse dollar cost averaging in which you average up your selling price for index fund share conversions to cash. You then can redeploy the resulting funds into alternate investments at your discretion. The technique is most effective in tax advantaged accounts, where tax friction isn't (currently) an issue.
berndmevers: personally I do not. My strategy is to position myself as the owner/shareholder/partner in businesses that I admire. I am not against it per se, but I am not qualified to engage in it or talk about it. Regards, Chuck
good point with the recovery, everybody falls in a flash crash but not every stock rebounds. what do you think about BABA ? growth in the past was good but just 7% growth in FY22 isn't a 20 P/E for me. what do you think?
Thank you for the video. It's encouraging. You mentioned that you always buy with a margin of safety. Does that mean you buy below the fair value orange line always? Do you sometimes follow the normal p/e (blue line) depending on company? Do you sometimes buy blue chip companies at fair value (no margin of safety)? How so you decide when to consider blue line, orange line as a main reference? And how do you decide how much margin of safety is needed or when it is acceptable to buy at fair value? Thank you for considering these questions. I apologize if it's too much, but am hoping they have value.
Francisco Machado: I always do try to invest with a margin of safety. However, the word always is a strong word. Additionally, there are other factors such as growth potential. In other words forward earnings that are growing very quickly can provide a high margin of safety as time goes on. As to your other questions, I constantly try to remind people that FAST Graphs are an authentic research tool that reveals fundamental value but does not dictate it. Judgment and analysis is always required.
Really great video, but it appears that you have a strong home bias towards the United States of America. It would be good to cover stocks from other countries, too. Greetings from Germany.
Kaufen wenn die Kanonen donnern: it is not necessarily a bias, it is the cost of data. However, we do plan on adding INTERNATIONAL stocks with our new launch. Regards, Chuck
another item - it'd be fantastic if fast graphs provided a means to show M2 money supply overlay on top of it. One thing that is said to keep the market moving is the money printing that's happening at the fed level.
@@herodax m2 growth has everything to do with investing in the stock market. The reason the market has continued to grow even through a pandemic is m2 growth. Value of cash is decreasing.
Yup because growth definitely recovered at lightning speed. I think if you look at your entry point being at a margin of safety then your personal recovery per holding is faster. That’s what I have seen personally whether I have bought value or growth as long as it was bought with a margin of safety. Anything I bought that was probably overvalued it took a lot longer for those holdings to come back to where they were.
@@johnclark8631 The only crash where cheap stocks worked better than expensive ones was the one of 2000. In all the rest, cheaper ones fell more and recovered more slowly.
@@libedk not sure what “cheap stocks” are to be honest. That’s not what was saying. Every crash has been different in my investing lifetime. Tech bubble, financial crisis, COVID. Each one has been different for obvious reasons. My point is in the last 2 my own holdings that recovered well were bought at a margin of safety and or undervalued. Yes my Apple and Microsoft recovered at lightning speed this time around but all of my holding of good solid companies that I bought at good value also recovered quickly but maybe not as quick. Anything that I bought that was at a premium never recovered to my cost basis nearly as quickly. Keep in mind I’m referring to my own cost basis for these holdings. After the financial crisis it was the same but for a lot of different holdings.
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
Been a user of Fastgraphs for years. Thank you very much to Chuck and Polly. Don't know what I would have done without you!
Mat: Polly and I appreciate that, thank you.
@@FASTgraphs Can't thank you enough for all of the great financial advice. I've learned so much! Would really enjoy meeting you all someday.
@@FASTgraphs please talk about Corecivic. It's Michael Burry's top pick.
This channel and Fast Graphs are absolute gems.
thanks
i like that this channel doesn't follow hype trends like other youtubers. my value/ dividend portfolio doing well. i'm just gonna let my hype/growth stocks sit for a while, if i see a deal i'll pick up some shares.
Hype and investment are antithetical diametric opposites.
A Fast Graph subscriber for life. Great video. Thanks Chuck
Crashes are scary if you need or want to be selling. For long term investors as long as you have faith in long term success of company and economy its best buying opportunity. Thanks Chuck looking forward to some of those enhancements/ new features / faster speeds!!
It is July 21 2022 .. and I am following up, looking at the numbers and your perspective. Thanks Chuck!
Following your lead Chuck! Great video. You are very convincing!
Great content as always. Really looking forward to the new version of FG.
Such valuable information all the time! Many thanks Mr. Valuation!
Love your channel. Excellent instructions and context. Please do a series on preparing for a market crash/big correction: signs to look for; positioning cash/low risk assets safely to use in purchasing devaluated stocks and a top 25 list of stocks to consider when “on sale.” Thanks!
I agree completely. Very illustrative as always, thank you.
Thanks Chuck for your wisdom and insight as I always appreciate them from a seasoned investor and if you are still thinking long term, then there is no reason that all of us should be thinking any differently. Channels like yours have given me peace of mind and like you, I can barely wait for the next 30% drop as I will be doubling down on blue chip stock. I will be 50 this year and hope to retire next year, 52 at the latest but it has been 30 years of prep. Thanks again for what you do!
“Yea though I walk through the valley of the market crashes, I shall fear no downturn...because I am the meanest user of FastGraphs in the land.” LOL. My dividends this month top my stock gains.
Hello Chuck, could you do MSGN analysis?? You remind me of John Templeton!!!
Great Video! I'm a subscriber of FastGraphs. What a great product! "If there's no fundamentals it's speculation". I agree. Preservation of capital is important. I just can't buy some of these high priced tech stocks. What's interesting is that AMZN never had a price/free cash flow much higher than 60. And AMZN is one of the most successful companies of all time. What are people thinking who are buying stocks at price/free cash flow of 200+?
That was my number one complaint Chuck. Fast graphs old version is very very slow. Glad to see it's being improved! Hopefully in the near future we can get an app for android and ios.
It should be single page application using React or angular J's. Current site is very slow
Excellent video Chuck. Thank you for being a rational, calming influence. I'm really looking forward to testing that new version of FastGraphs on some of my lower end devices and tablets. The existing platform is definitely CPU intensive, so any improvement is greatly appreciated.
Thanks Chuck!
In light of the currently high valuations, do or did you ever hedge your portfolio (of undervalued or fairly valued stocks) against the so called market risk?
Not because of fear, but maybe to help you buy more value when valuations sink.
You might be then able to sell the hedge and move more cash into undervalued stocks.
I’m aware it’s a “market of stocks”, but if you couldn’t find enough cheap companies to put your money into:
Would you just wait for an opportunity or use that extra cash to try to hedge the “valuation risk” of the market?
I’m a big fan!! Please keep the videos coming. They are great!
By the way: I actually wanted to suggest a “normal PS multiple valuation” to you! :)
Great that it’s coming
Loving this little dip.
Thanks for this. I'm a long time member of Fastgraphs and I really love it. It helped me a lot. Me like many other customers are looking forward to see some European stocks as well. Hope one day this will be possible. Thank you!
Michele Sbriglio: Thanks, we are planning adding international stocks with the launch of our new version.
@@FASTgraphs Thank you. Really appreciate it
Alibaba looking good
The new version of FAST graph looks super cool. I hope the developer in your team who fell victim of covid is recovered by now.
After more than a year of following you on this channel, it is getting harder and harder for me not to be subscribed to FAST graph. If I am correct, the major difference between the basic and premium memberships is access to FUN graphs. Nevertheless, may I ask you to elaborate on the practical differences between these two membership types?
Also, does FAST graph cover non US companies? If not, are you working on it? Any plans?
Thank you Chuck.
msd es: Thanks. Our basic version is designed to be an affordable option. The premium version offer several premium features. Such as 14 preloaded portfolios that include the S&P 500, the dividend aristocrats, the S&P 100, the Dow Jones industrial average and others. Additionally, premium subscribers can build unlimited personal portfolios were basic only has access to 3.
The FUN graphs (financial underlying numbers) are only available to premium and the new version will be significantly more comprehensive and powerful. It will include complete financial statements and unique statements relative to specific industries. Premium subscribers also get the screening tool which will be greatly improved with the new version. And finally, we will be adding international stocks. However, we do need to test that before we launch it. In other words, if it is not launched with the new version will be added soon thereafter. Thanks again for asking, Chuck
Thanks for all the valuable content provided by these videos here Chuck. As a subscriber request may I suggest a video on Brookfield's BIP and BEP? The latter in particular has come down quite a lot recently and I wonder if the stock is already fairly valued? Thanks and please continue with these great videos.
Hey chuck I have a suggestion for the new fast graph. I can see the chg year to year % is shown below the EPS. It would be nice if we could see the same chag/yrs % for the dividend
Once again a great video Chuck thank you so much. Except for a small handful of undervalued stocks your examples, seem to be mostly overvalued stocks.
Hi Chuck, is there a technical limitation as to why fast graphs can't go back in time further than 20 years? Even if it can't show more than 20 years at once, I would imagine many fellow subscribers would appreciate being able to scroll back in time.
💯 percent agree, especially as the 1999-2001 period is chock full of instructive examples (see CSCO).
Nicholas: the primary issue is our contract with our data providers.
Good video.
Great content🙏👍 please Go ahead
I try to use market crashs for buying stocks. I´m often not that successful to hit the best price and sometimes it gets far lower, but on the longer run I have better prices. I bought several stocks last year at the Corona decline and except one (hotel REIT) I have only good perfoming shares from that time. I like crashes a lot.
To be honest I don´t like overvaluated markets like we have today. You still find valuable companies, but the selction is far more limited. On the other hand you can buy new shares with a good valuation on any market situation. Something is always not popular.
Thanks Chuck! Great info as always!
Any chance you might discuss QYLD and QYLG? I think they could provide some consistent income in a portfolio, especially for someone near or in retirement.
Ken: I am sorry but the answer is no. I do not consider myself knowledgeable enough about funds to offer any commentary. Furthermore, FAST Graphs only covers individual stocks. Sorry, Chuck
What are some good stocks for beginner investors looking for long-term growth? I've set asides $120,000 to capitalize on the market fall, thank you! I just subscribed to channel as well.
The stock market is a good pick for long-term. But first, be sure to consult a certified financial planner if you're new to the markets.
Man, with your income just pay a professional to handle it for you.
@Laura Patterson who is your wealth planner? could you be kind enough to share contact details?
@Laura Patterson I just went through her page I found online, so amazing, I appreciate this info
There is the possibility that you could lose $1000's buying individual stocks. What would you do if you saw your portfolio drop 25%. Would you panic .Don't think you will make a killing. How close are you to retirement? Start with mutual funds and ETF's.
Hi Chuck! Great video as always!
Are there any plans to introduce a medium tier membership for FastGraphs? I guess many people with smaller savings like me wouldn't have much use of the many extras of the premium membership, but it would be good to be able to have more than 3 custom portfolios and some other metrics otherwise not included in basic membership.
A K R : do we get the new product finished and our costs analyzed we have not yet decided on our product structure. However, one thing we have decided on is not raising prices to existing subscribers for the same product they currently subscribe to. thanks for asking, Chuck
I have ORI and PBCT that are doing very well. Thinking of selling and getting a bugger company like ADP, MMM or GD..Thoughts
Dr. Brendan Maloney: being is not necessarily always better. I would do my homework and pay close attention to valuation. Regards, Chuck
Ye,we are not afraid of correction.Stay on your Strategy.
when this new fast graphs is released will I have to pay more or am I locked in at my current rate?
nope nope : we have no plans on raising prices for existing subscribers. However, we might be offering additional products with different pricing. Nevertheless, current subscribers will be grandfathered in at their current levels.
Big ups
Thank u
Hi, Chuck! What do you think about LYB?
I must be watching too many of these videos. I was absentmindedly whistling Chuck's theme song today and someone asked me what the name of the tune was. I told them "Mr Valuation Blues".
Leo: they gave me a "chuck"le ....
Do you have a personal rule of thumb of a percentage of funds to keep in cash equivalents when you think the market is over bough? One problem with staying invested, is that frequently most stocks will go down in together and we might not have funds to buy without some cash like assets.
Dave: personally, I do not like what I call artificial constructs. I invest where I see value when I have cash available. However, there will be and are times when I would be holding cash looking for things to invest. Also, even during a market correction the portfolio stocks will have different valuations. Therefore, you can always raise money by rebalancing what you have. Finally, there's a big difference between a stock that is overvalued that falls versus one that is attractively valued. In the long run, it attractively valued stocks will perform better all else being equal.
Thanks Chuck for adding sales to new update. What’s your say on holding sp500 if you have got in at low valuations and have been adding over the years? Do you sell it now and look for safe valuation businesses or just add the new money to safe valuations while still holding the sp500.
Yadnesh Samant: the sell decision is always the most difficult. The problem is you can never time it perfectly. With dividend paying stocks that I have invested in for income I may hold on even when their overvalued. As to the index, I see it more as a total return play. Consequently, I would be more likely to sell when valuations are extreme. But once again, timing that is the challenge and cannot be done except by chance or luck. Regards, Chuck
What I've done, when I want to generate dry powder for future deployment into more advantageously valued issues (primarily dividend growth), is to sell a little more S&P 500 index fund each time the index closes at a new all-time high. Since funds reprice their NAV *after* market close, you *can* time this sort of trade fairly reliably by monitoring the index and entering your trade just before market close when a new high seems certain.
In essence this is a form of inverse dollar cost averaging in which you average up your selling price for index fund share conversions to cash. You then can redeploy the resulting funds into alternate investments at your discretion.
The technique is most effective in tax advantaged accounts, where tax friction isn't (currently) an issue.
Baba looks good after today’s dip. Might be an opportunity to pick up some shares on the cheap.
So I did today!
@@gerrymuller4681 nice pick up
Great
Hi Chuck, do you do any hedging? Buy puts for example?
berndmevers: personally I do not. My strategy is to position myself as the owner/shareholder/partner in businesses that I admire. I am not against it per se, but I am not qualified to engage in it or talk about it. Regards, Chuck
good point with the recovery, everybody falls in a flash crash but not every stock rebounds. what do you think about BABA ? growth in the past was good but just 7% growth in FY22 isn't a 20 P/E for me. what do you think?
Thank you for the video. It's encouraging. You mentioned that you always buy with a margin of safety. Does that mean you buy below the fair value orange line always? Do you sometimes follow the normal p/e (blue line) depending on company? Do you sometimes buy blue chip companies at fair value (no margin of safety)? How so you decide when to consider blue line, orange line as a main reference? And how do you decide how much margin of safety is needed or when it is acceptable to buy at fair value? Thank you for considering these questions. I apologize if it's too much, but am hoping they have value.
Invest the time to view ALL videos on this channel. They answer every single question without imposing further on their author.
@@puppypuppy1448 Ok, thank you.
Francisco Machado: I always do try to invest with a margin of safety. However, the word always is a strong word. Additionally, there are other factors such as growth potential. In other words forward earnings that are growing very quickly can provide a high margin of safety as time goes on. As to your other questions, I constantly try to remind people that FAST Graphs are an authentic research tool that reveals fundamental value but does not dictate it. Judgment and analysis is always required.
would be nice if you can make new version available in BETA version with ability to switch back and force between old and new versions
Really great video, but it appears that you have a strong home bias towards the United States of America. It would be good to cover stocks from other countries, too. Greetings from Germany.
Kaufen wenn die Kanonen donnern: it is not necessarily a bias, it is the cost of data. However, we do plan on adding INTERNATIONAL stocks with our new launch. Regards, Chuck
@@FASTgraphs thanks Chuck as a foreign investor I am looking forward to that
Looking at ABC. Old FG goes to 2022 and the new one goes to 2025. I like that.
Market crash just means better starting yield!
is fastgraphs good for growth investors or primarily value investors?
another item - it'd be fantastic if fast graphs provided a means to show M2 money supply overlay on top of it. One thing that is said to keep the market moving is the money printing that's happening at the fed level.
M2 growth has absolutely nothing to do with valuing companies...
batcrazy: FAST Graphs are the fundamentals analyzer software tool. There were originally designed to value growth stocks.
@@herodax m2 growth has everything to do with investing in the stock market. The reason the market has continued to grow even through a pandemic is m2 growth. Value of cash is decreasing.
@@FASTgraphs thanks!
Well, after the Coronavirus market crash of last year, the value stocks were not the ones to recover faster or stronger...
Yup because growth definitely recovered at lightning speed. I think if you look at your entry point being at a margin of safety then your personal recovery per holding is faster. That’s what I have seen personally whether I have bought value or growth as long as it was bought with a margin of safety. Anything I bought that was probably overvalued it took a lot longer for those holdings to come back to where they were.
@@johnclark8631 The only crash where cheap stocks worked better than expensive ones was the one of 2000. In all the rest, cheaper ones fell more and recovered more slowly.
@@libedk not sure what “cheap stocks” are to be honest. That’s not what was saying. Every crash has been different in my investing lifetime. Tech bubble, financial crisis, COVID. Each one has been different for obvious reasons. My point is in the last 2 my own holdings that recovered well were bought at a margin of safety and or undervalued. Yes my Apple and Microsoft recovered at lightning speed this time around but all of my holding of good solid companies that I bought at good value also recovered quickly but maybe not as quick. Anything that I bought that was at a premium never recovered to my cost basis nearly as quickly. Keep in mind I’m referring to my own cost basis for these holdings. After the financial crisis it was the same but for a lot of different holdings.
@@johnclark8631 ok, by cheap I meant lower PE that could be associated (but not necessarily) with stronger margin of safety.
@SuperSteelers 😱
Any dip is a good time when profitable companies become undervalued.
A dip is not enough by Pierce Brosnan.
A dip doesn't = undervalued
Chuckster
The only reason the market is up because the FED and government socialized the stock market, so don't act like it's up on it's on merit.
So true!
Follow the $$$$$$