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Re: valuemind post# 97910

Tuesday, 05/31/2022 12:39:13 PM

Tuesday, May 31, 2022 12:39:13 PM

Post# of 129719
I have no Idea. What I do see is that the Apples and Teslas of the world have been underperforming the general market for over a year now. Meanwhile, there are numerous (mostly energy) names, that have been under accumulation during the same timeframe. Many are below book value and have negative earnings. Most importantly (for me) is that they are now the market leaders. No matter what fundamental decision we arrive at, means little as we don't sit in the boardroom. If you simply pull up a long term chart, you'll see what's cheap. Often the fundamental reason will appear a few qtrs after you have taken a position.

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