You know, I was just thinking about stocks today and I realized something. The lower a stock's PE ratio, the more money you can expect to make over the long term. Literally all you have to do to maximize your returns in the stock market is just run a screen to find the lowest PE stocks on the market and pick a handful of them. Then you can just buy and hold, waiting as your money rolls in, maybe replacing stocks every once in a while as their PE ratios become too high.
Think I'll take a break from the net,computer this weekend. Spent much of this week at it doing work shit so a break would do me good. Might turn the phone off to, dunno I'll see how I feel in the morning.
Nathaniel Cruz
can we agree that the generation born starting this year is the cororonaboomers
>No one will remember the months the world stood still.
Hunter Smith
If you're interested in a couple more daily quickies, you might also want to try FT News Briefing and The Economist Morning Briefing. Sometimes they talk about the same things, but The Economist and FT are more likely to cover UK and world events you may not hear about otherwise.
Don't want to overwhelm you though, it's easy to get burned out.
9 months from now would be next year... but I don't really expect this to change breeding habits. There will be anecdotal stories, but how many people are going to think now is a great time to have kids if they weren't already planning on it?
Ryder Morgan
UK arm of Yahoo Finance put up an article talking about the US/Mexico deal to hopefully satisfy OPEC's ask of Mexico on level of cut. According to article, Mexico proposed the deal and Trump said yes. OPEC negotiations are not over yet and are set to continue in to at least Saturday. No new news in this article, it just talks about why Mexico is being stubborn and roughly how the US deal came about: uk.finance.yahoo.com/news/unexpected-holdout-global-oil-production-215435000.html
I believe he sold some airline positions. These editorial doomer article are a little late on the news. 30 mill is not a huge number for Berkshire. Or even really a significant one in light of their total equity and cash holdings.
Ryder Bailey
You already posted this bait.
The famed investor's conglomerate disposed of almost 860,000 BNY Mellon shares for about $35 each, trimming its stake in the bank from roughly 10.4% to 9.8%. It likely wanted to reduce the added regulatory burden that comes with holding a stake of 10% or more. Berkshire's remaining stake in the company is worth about $3.3 billion.
>the king of investing thinks the market is going to crash again I'll wait to see what he has to say at the annual shareholders meeting. Next month?
All BERKSHIRE has done is trip a very small amount of airline stocks and a regional bank, so they're now under the 10% threshold, an important level for SEC regulations and public disclosures.
Is this CCN site one you use often? Is it all clickbait bullshit, or is anything on it decent?
it will either be that one time where Sweden fucked up and killed a bunch of it's population, or that one time Sweden was the only country to behave rationally, and the western world forced all it's people to lock themselves up, get fat and emotionally unstable, and halt the economy.
Lucas White
>comparing to something that didn't happen ever You compare it to the other happening retard. The last "happening" on this scale was 9/11 almost 20 years ago. You are allowed to stop being retarded any time you like. Ok retard?
This is bigger than 9/11, more like "9/11, the dotcom burst and the entire Global War of Terror"
Corona is literally an era changing event
Logan Green
Price crash on uncertainty, everything else is priced in.
So, what else are we uncertain about? >Lock-down induced mortgage crisis. >Lock-down duration >Political fallout of relation between country. >Real effect on economy
Feel feel to add more to the list.
Also, correction, especially big ones last months. and actual bear market last even longer. why everyone is talking as if this is already over?
Personally, I don't think it's gonna revisit the lows. But this thing is not over. Especially if the lock-down get extended and pop the housing market.
can we just ban trumpniggers outside of Yas Forums
Dylan Long
Greeley meatpacker here
Our plant recently shutdown because people are starting to drop like flies. Everyone on my shift including me is sick (waiting for confirmation of tests to prove covid) nobody wears masks. the union doesnt give a shit.
My point is, this entire industry is fucked right now and nobody is really talking about. All the workers know, management knows, cow auctioneers know. Nobody is buying cows at market because more plants seem to be shutting down. These farmers are left to cull their cows. Milk is being dumped. This is a huge industry and nobody is batting an eye towards us. The food supply chain is starting to crumble
If I dont die from the virus I will die financially as this is all I know and my company is closed
Hunter Bailey
> c c n > favicon is a skull > every article is batshit clickbait that looks like it got left on the cutting room floor of the chinese propaganda ministry the sad thing is there are real people who actually fall for this stuff
I was doing that very thing in the meanwhile. Here's an example screen that I ran on Finviz. Here's a pure screen that filters for stocks with positive EPS and sorts by PE ratio from lowest to highest. We can that the results yield a result set with not just good sector diversity, but also with strong foreign exposure. Knowing that the long-term return on a stock investment should approximate the earnings yield (earnings over price, or the inverse of the PE ratio), we can see that these stocks offer very promising returns. For instance Oi S.A. has a PE ratio of just 0.01 (we might want to independently verify that before purchasing any stock). Warren Buffet has spoken of the idea of buying a dollar for fifty cents. This is like buying a dollar of earnings for a penny. Imagine the long-term return on this one. finviz.com/screener.ashx?v=111&f=fa_pe_profitable&ft=2&o=pe
Now, I couldn't help but notice that Berkshire Hathaway (BRK.B) is listed here with a PE ratio of 0. There's no way that could be correct, so I would probably exclude that one from the list, but the rest of these are probably winners, especially as a diversified group.
file for unemployment and get some dayquil for two weeks until you recover and have immunity literally 0.05% death rate for people under the age of 60 with no major pre-existing conditions the virus is nothing, the response is idiotic
also it's hayfever and flu season so you almost certainly have something other than covid unless someone at your meat factory went skying in the alps recently
Jackson King
You know....you could just completely bypass the fucking markets and sell directly to the customers and smaller markets correct?
Noah Carter
why are you killing the moo moos why not just let them wander around the green pastures and be happy
there's so much damn information out there, it's very hard to tell these days what's worth my time. Maybe I should even be ignoring news about stocks, economics, and finance. Feels like there's probably more productive things to learn about.
Something tells me Dalio and Buffett and the other investors don't read/listen to news all day. And I know the great CEO's and thinkers are probably busy focusing on other things or reading actual books/journals and planning.
>turn on cable news lolno I'll go to CSPAN or reuters or even fucking twitter before I'll go to CNN, MSNBC, or FOX News.
Yes, thats what I'm saying. Its this retard that thinks this is a nothing burger
Luis James
>I would probably exclude that one [BRK] from the list, but the rest of these are probably winners, especially as a diversified group.
bro....
Wyatt Carter
>meatpacker Why isn't your post in spanish?
Ethan Green
there are a few other things to take in consideration
Mason Baker
If you want to do P/E, look for companies with fairly decent market caps, probably about 10 billion. Also look for PEs around 10, thats value but still profitable and not something absurd. PEs are like dividends, too high and something is fishy, too low and it isn't worth your time.
Benjamin Davis
the people want megacrops they recognize and trust user
Gabriel Lewis
>tfw Trumpbux is pending in my direct deposit
Feels good, mane.
Easton Roberts
can you post some sort of JBS/Greeley paraphernalia? An ID with your info blacked out, a hat or something with the logo and a timestamp?
Sorry man, but you'll get unemployment bucks AND stimulus bucks and who knows what else the gov't will shell out the longer this drags on. It's the people who were out of work before this started that are fucked.
