I’ve enjoyed you and your thoughts for decades. I appreciate your confessional honesty- especially the bit about waiting for $SPX to be priced at 100% of sales…. I’m approaching 30years in the market (28 years as of now) and I am thankful early on I was exposed to various outlooks on the markets. The math side of me loved the fundamentals, the psychology liberal arts part of me loved the humanity that drives things beyond the inflexible numbers of truth. Understanding we exist and thrive as a species because of our undeterred optimism and the innovation that follows was very helpful although it still isn’t easy when trying to delve how “high is up”. Momentum is always present. It may not always be in the $SPX or the $NDX, but even in 2000 existed. It was in small cap and foreign investments while ours tumbled. The tide never disappears, it either comes in or goes out- here and everywhere. Thanks for constantly sharing your thoughts and honing our own ideas with your input.
I’ve enjoyed you and your thoughts for decades. I appreciate your confessional honesty- especially the bit about waiting for $SPX to be priced at 100% of sales…. I’m approaching 30years in the market (28 years as of now) and I am thankful early on I was exposed to various outlooks on the markets. The math side of me loved the fundamentals, the psychology liberal arts part of me loved the humanity that drives things beyond the inflexible numbers of truth. Understanding we exist and thrive as a species because of our undeterred optimism and the innovation that follows was very helpful although it still isn’t easy when trying to delve how “high is up”. Momentum is always present. It may not always be in the $SPX or the $NDX, but even in 2000 existed. It was in small cap and foreign investments while ours tumbled. The tide never disappears, it either comes in or goes out- here and everywhere. Thanks for constantly sharing your thoughts and honing our own ideas with your input.
As I've mentioned before, you really ought to take a look at www.buyselldonothing.com
It's not perfect, but the hulbertratings,com audited results represent "alpha".
For 12/31/2023, from just buying (4 times per year) and holding, no re-balancing or selling involved:
5 Years Average Annual Rate Of Return trailing 60 months, 12-31-2023 18.21%