Originally posted by: Mill
What companies?
Originally posted by: DigDug
miller/modigliani
Originally posted by: Orsorum
Originally posted by: DigDug
miller/modigliani
But we have transaction costs and taxes. So there.
Originally posted by: glenn1
Stocks in general? No. All the big cap, high sex appeal names (like the ones you listed), yes.
But there's still plenty of value out there to be had, you just need to look away from the obvious. "Cisco, microsoft, GE, walmart, intel etc." aren't going to cut it if you're talking value. You have to look for reasonably priced names like AC Moore (ACMR), Bunge (BG), CP Ships (TEU), Curtiss-Wright (CW), MBIA (MBI), and Headwaters (HDWR). Never heard of them? Good. Because they're great companies no one has ever heard of, you can get their stock at great values.
Originally posted by: OS
f*ck this is the third time I typed all this sh*t out. Stupid server.
Anyways, I read an article a while back that suggested a healthy stock had a P/E ratio of about 15. I was browsing a couple big names and it's consistently like double. What gives?
Originally posted by: OS
Originally posted by: glenn1
Stocks in general? No. All the big cap, high sex appeal names (like the ones you listed), yes.
But there's still plenty of value out there to be had, you just need to look away from the obvious. "Cisco, microsoft, GE, walmart, intel etc." aren't going to cut it if you're talking value. You have to look for reasonably priced names like AC Moore (ACMR), Bunge (BG), CP Ships (TEU), Curtiss-Wright (CW), MBIA (MBI), and Headwaters (HDWR). Never heard of them? Good. Because they're great companies no one has ever heard of, you can get their stock at great values.
Thanks for your feedback.
I am considering an index fund, but they run the related problem where they are composed mainly of the big names which I worry are overpriced.