Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
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Take the Low Road
No, price isn’t the same as value. But given that traditional valuation metrics don’t seem to tell us anything about short-term performance and relatively little about long-run returns, price may be the most reliable guide to value that we have—and falling prices may be as good a buy signal as we’re going to get.
Jonathan Clements | August 1, 2020
“If you can get good at destroying your own wrong ideas, that is a great gift.” – Charlie Munger
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Thanks for sharing!
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."