Reading the graph and not understanding what the company actually does makes the opinion you have pointless. You don't do the homework into the companies you are asked to look at for the sake of pumping out videos. LYB just isn't in a plastics buisness but I remember you discouraged buying mcd at $239 so I can't expect a proper valuation on this channel......I'll buy when they cut the dividend and it goes to $25. Lol what a dumb take.
I focus on the metics that are important. The historical earnings will tell you 80% of what you need to know. Anyone can go look at what they do if they want to. That information doesn't add much value for investors.
His method is not dumb. He had a modified momentum trading scheme. There are quite a few wealthy momentum traders. He makes conservative bets and apparently makes money writing and discussing stocks. He didn't seen to be hiring anyone and some believe once could be just as successful throwing days at a list of sticks as one who reads annual reports. Who's dumber, the man who spend his reading annual reports or the one who throws darts, if they achieve the same results? 🤔 "Momentum investing is a trading strategy in which investors buy rising securities and sell them when they look like they've peaked. The goal is to work with volatility by finding buying opportunities in short-term uptrends and then selling when the securities start to lose momentum.Aug 27, 2024"
Heck, even the best investors are only right around 6 out of 10 times. Buffett and Munger say they only had one good idea about every five years. And they read tons of annual reports. Buffett went to Columbia business school. Munger attended Harvard Law.
Trying to predict market is the first thing to note when you talks stocks with someone. If that person is guessing and predicting just end the talk. Puré time waste. Facts: you know its company leader in chemichals with strongest moat in polymer segment, you know its ciclical, you know its going down, and thats the right time to buy a ciclical company . That said, we dont know when the company stop the fall and when is the right time to buy, not even the company ceos knows that. Just buy and keep buying, if its the kind of trade that you like and have know how about. Regards and have a nice year mates
2 ชั่วโมงที่ผ่านมา
@mike93m i agree mike.. The guy literally said dont buy as dividend income the time to buy is when they cut the dividend. They aren't cutting the dividend in fact they raised it and can afford it. He just looks at charts and not the company.
good commentary
Thanks.
Great video Cory.
Thanks!
As always, appreciate the insight Cory. Would you ever consider a PEP vs KO valuation video? Just started a position in PEP today.
vielen Dank
Thank you.
Reading the graph and not understanding what the company actually does makes the opinion you have pointless. You don't do the homework into the companies you are asked to look at for the sake of pumping out videos. LYB just isn't in a plastics buisness but I remember you discouraged buying mcd at $239 so I can't expect a proper valuation on this channel......I'll buy when they cut the dividend and it goes to $25. Lol what a dumb take.
I focus on the metics that are important. The historical earnings will tell you 80% of what you need to know. Anyone can go look at what they do if they want to. That information doesn't add much value for investors.
His method is not dumb. He had a modified momentum trading scheme. There are quite a few wealthy momentum traders. He makes conservative bets and apparently makes money writing and discussing stocks. He didn't seen to be hiring anyone and some believe once could be just as successful throwing days at a list of sticks as one who reads annual reports. Who's dumber, the man who spend his reading annual reports or the one who throws darts, if they achieve the same results? 🤔
"Momentum investing is a trading strategy in which investors buy rising securities and sell them when they look like they've peaked. The goal is to work with volatility by finding buying opportunities in short-term uptrends and then selling when the securities start to lose momentum.Aug 27, 2024"
Heck, even the best investors are only right around 6 out of 10 times. Buffett and Munger say they only had one good idea about every five years. And they read tons of annual reports. Buffett went to Columbia business school. Munger attended Harvard Law.
Trying to predict market is the first thing to note when you talks stocks with someone. If that person is guessing and predicting just end the talk. Puré time waste. Facts: you know its company leader in chemichals with strongest moat in polymer segment, you know its ciclical, you know its going down, and thats the right time to buy a ciclical company . That said, we dont know when the company stop the fall and when is the right time to buy, not even the company ceos knows that. Just buy and keep buying, if its the kind of trade that you like and have know how about. Regards and have a nice year mates
@mike93m i agree mike.. The guy literally said dont buy as dividend income the time to buy is when they cut the dividend. They aren't cutting the dividend in fact they raised it and can afford it. He just looks at charts and not the company.