Focus on return on invested capital, not P/E.
Income/Invested capital = how hard your assets/capital are working for you; how efficiently the business is using their capital.
Instead of rebalancing, buy and forget, much like Buffet. Interesting.
Wasted time stock picking and timing.
In whatever asset class...
sell when price drops below 200 day moving average
buy when price rises above 200 day moving average
money sold goes into t-bills
Significantly less downside risk; approx. same or slightly greater return.
Did I get that right?
Really good info about the difference between how banks and brokers control your money.
A sell signal is flashing on Buffett’s favorite indicator.
MarketWatch: Warren Buffett said this metric signaled the 2001 crash — now it’s sounding the alarm on global markets.
Thank the stock market activity of senators.
United Corporations of America are getting recovery money and expecting to get through this crisis okay...I'm not hearing the same from our working neighbors. They struggle to get support money.