Retired finance professional. I can't see the future and neither can you; anyone who says different has something to sell. NOTHING I SAY IS INVESTMENT ADVICE.
Jul 6 • 11 tweets • 6 min read
"THE SHILLER CAPE RATIO FOR THE S&P 500 IS NEAR ALL TIME HIGHS!"
-or-
"WHAT THE HELL IS THE SHILLER CAPE RATIO AND HOW DOES IT AFFECT MY GAMBLING?"
Like it says below, the Shiller CAPE is near dotcom levels and about to set a new all time record.
Have you talked to your pets about where to store their inheritance and how to fend off raiders when it happens?
Just how terrified should you be? Read on.
Plus, you might learn something today.
Oh, first thing's first. My apologies to the excellent @MikeZaccardi, whose tweet I hijacked for this post. I'm not aiming this at him and HIGHLY recommend you follow him if you're not already. I'm serious. He just had the misfortune of having the first post I saw when I searched for a CAPE tweet.
Ok so, for those of you who are just here because this casino is easier to get to than the one on the riverboat outside of town, let me explain what the Shiller CAPE ratio is.
[2/11]
Nov 30, 2018 • 7 tweets • 2 min read
Some trading advice I just made up:
⦿ Losing $1 hurts more than winning $100 feels good.
⦿ Making money is easy, keeping it is hard. That's a lie, making money is not easy.
1/7
⦿ No matter how many charts/stats/tables/hot tips you have, you're still just guessing and hoping.
⦿ You can lie to friends and family and strangers, but never lie to yourself.
⦿ Your system is probably crap and no better than a coin flip.
2/7
Jul 26, 2018 • 4 tweets • 2 min read
Here's every date in the past 20 years that a #FAANG stock was down 20% or more in a single trading session.
data: @YahooFinance
$FB $AAPL $AMZN $NFLX $GOOG
5 of the 11 dates are in July.
May 6, 2018 • 4 tweets • 2 min read
Warren Buffett is getting a lot of pub because he recently held his annual press conference that people tune in to, as if he'll magically tell them how to become an overnight billionaire.
You want the secret? Here it is...
(1/4)
$SPY $SPX $VIX
Get super lucky and start a string of businesses as a young teenager that provide you with a net worth like THIS before you reach adulthood.
Here's his net worth in today's dollars through time.
Did you have this much then? No? Then you blew it. Sorry.
