kane on Nostr: Grab an IBD subscription. There are some fallacies to “high PEs”. A lot of the ...
Grab an IBD subscription. There are some fallacies to “high PEs”. A lot of the work behind IBD was effectively Jesse Livermore’s pyramiding strategy.
If you look at PEs in a vacuum you would and will miss every one of the greatest companies on earth because they will *always* look grossly expensive by this term.
Price action is the signal.
Published at
2023-11-14 15:56:22Event JSON
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"content": "Grab an IBD subscription. There are some fallacies to “high PEs”. A lot of the work behind IBD was effectively Jesse Livermore’s pyramiding strategy.\n\nIf you look at PEs in a vacuum you would and will miss every one of the greatest companies on earth because they will *always* look grossly expensive by this term.\n\nPrice action is the signal.",
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