- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
These Talking Head Stock Analysts are beyond useless.
Posted on 2/2/24 at 11:09 am
Posted on 2/2/24 at 11:09 am
18 months ago when Meta was $90 they were all saying don't touch it, it's going the way of MySpace.
Today it's at $470 and they are all upgrading and recommending.
They have no more idea what's going to happen than the man on the street performing his own due diligence.
Today it's at $470 and they are all upgrading and recommending.
They have no more idea what's going to happen than the man on the street performing his own due diligence.
This post was edited on 2/2/24 at 11:11 am
Posted on 2/2/24 at 11:45 am to Bob Bass
Low cost indexing is the answer and has proven it time and time again.
Posted on 2/2/24 at 11:59 am to Bob Bass
The stock market is a zero-validity environment. It goes up. It goes down. It goes up over time. Nobody can time the market.
Financial "news" is entertainment. You can find bull and bear articles at any point in time. Those who follow bears lose the most.
Financial "news" is entertainment. You can find bull and bear articles at any point in time. Those who follow bears lose the most.
Posted on 2/2/24 at 5:14 pm to Bob Bass
All these heads do is babble finance jargon while shilling buy/sell on nothing more than whether price is above or below the 200 day MA. Hell, CNBC pushes the talking points these heads spew.
Reality is that anybody who knows what's going on ain't giving it away for free on TV.
Reality is that anybody who knows what's going on ain't giving it away for free on TV.
Posted on 2/2/24 at 5:46 pm to Bob Bass
quote:
These Talking Head Stock Analysts are beyond useless.by Bob Bass
I remember when back in the early 2000s, they were saying, “Amazon? Why buy stock in a book company that can’t turn a profit?”
Posted on 2/2/24 at 7:24 pm to UltimaParadox
quote:
Low cost indexing is the answer and has proven it time and time again.
Yep.
I never miss a winner. It’s great.
Posted on 2/2/24 at 7:47 pm to JohnnyKilroy
quote:
Yep. I never miss a winner. It’s great.
Mean reversion is a bitch
Posted on 2/2/24 at 8:15 pm to wutangfinancial
What do mean? Wouldn’t broad market etfs smooth out mean reversion?
Posted on 2/2/24 at 8:50 pm to Bob Bass
quote:
18 months ago when Meta was $90 they were all saying don't touch it, it's going the way of MySpace. Today it's at $470 and they are all upgrading and recommending. They have no more idea what's going to happen than the man on the street performing his own due diligence.
I am not sure who you were watching. A lot of fund managers and talking heads were on META 15 months to a year ago. A lot changed with META from 18 months ago, too. There was reason for people to be down on it. Last year was a huge year for Zuck. They completely shifted to cut spending and move focus away from Metaverse. They are the only ones making real money off AI right now other than NVDA.
Karen Finerman was all over META early last year.
S4 Capital’s Martin Sorrell is big on advertising, META ‘s real bread and butter along with AI now, said it was going higher.
Sir Sorrell says META will rebound in 2023
It was even Jim Cramer’s number one stock pick going in to 2023.
Cramer Picks META for his top pick in 2023
It was JP Morgan’s number four pick going in to 2023.
JP Morgan Picks META as no. 4 stock for 2023
Satori Fund manager Dan Niles had META as a top pick for 2023.
Interview with Dan Niles of Satori Fund makes META top Pick
M
JP Morgan surveyed investors said META was a top pick.
41% in Investor Survey Picks META
Tim Seymour and Steve Grasso long on META in early 2023
Fast Money Debate META (Grasso and Seymour long)
This post was edited on 2/3/24 at 12:04 am
Posted on 2/2/24 at 8:59 pm to JohnnyKilroy
quote:
What do mean? Wouldn’t broad market etfs smooth out mean reversion?
I assume he means if/when the mega cap stocks slow down they’ll be a major drag on indexes given their massive weighting.
Posted on 2/2/24 at 9:00 pm to go ta hell ole miss
Slackster had it as a top pick and doesn’t forget to remind people of his thread at the bottom
Posted on 2/2/24 at 9:04 pm to slackster
I know we were both on it in early 2023. I remember someone asked about putting it in a retirement account and I was downvoted for saying it would be up big last year. I did not think you and I qualified as talking heads, though, so I did not link iour posts
This post was edited on 2/2/24 at 9:20 pm
Posted on 2/2/24 at 9:11 pm to slackster
quote:
I assume he means if/when the mega cap stocks slow down they’ll be a major drag on indexes given their massive weighting.
I guess but the weights aren't static. That smooths it out too. As a mega cap (or sector like tech) reverts, its weighting in the index also shrinks. Right?
And unless money is just flowing out of equities period, as one equity or sector reverts, another is likely to begin to outperform.
At this stage of the game, I am happy to accept declining exposure to losers in exchange for increasing exposure to all of the winners.
Posted on 2/2/24 at 9:51 pm to go ta hell ole miss
I was downtrodden after 2022 3Q earnings, but I still believed in it long term.
I just hate that I found some discipline given my exposure and didn’t buy any more sub $100.
I just hate that I found some discipline given my exposure and didn’t buy any more sub $100.
Posted on 2/2/24 at 10:02 pm to JohnnyKilroy
quote:
I guess but the weights aren't static. That smooths it out too. As a mega cap (or sector like tech) reverts, its weighting in the index also shrinks. Right?
Sure, but the 9 non Berkshire stocks in the SPY top 10 are 30% of the entire index. Microsoft and Apple are nearly 14% combined. Even moderate underperformance from those stocks would mean something like EQWL or RSP would vastly outperform given their equal weightings.
Still would own all the winners and losers, just in equal amounts.
quote:
At this stage of the game, I am happy to accept declining exposure to losers in exchange for increasing exposure to all of the winners.
In the rear view mirror, sure, but it won’t necessarily always be like that. RSP outperformed SPY by 7% in 2022 because it had significantly less exposure to the losers.
Posted on 2/2/24 at 10:55 pm to slackster
quote:
In the rear view mirror, sure, but it won’t necessarily always be like that. RSP outperformed SPY by 7% in 2022 because it had significantly less exposure to the losers.
SPY also beat the absolute brakes off RSP in 2023 because it had such a large weight on the winners.
You take the good with the bad. Obviously each carries it's own set of risks.
To me it's similar to the philosophy that it's more important to be in on green days than it is to be out on red days. On my timeline I accept less downside protection in exchange for more upside possibility by being heavier in (today's) winners.
Posted on 2/3/24 at 9:59 am to slackster
quote:
I was downtrodden after 2022 3Q earnings, but I still believed in it long term.
It all seems so easy in hindsight but in the moment when the narratives are running wild about a company or person it certainly gets dire.
META is a winner period, don't bet against Zuck.
Popular
Back to top
Follow TigerDroppings for LSU Football News