Lessons from Investment Gurus

The Most Important Thing

 Successful investing requires thoughtful attention to many separate aspects, all at the same time. 
Omit any one and the result is likely to be less than satisfactory.

The idea of the most important things—each is a brick in a solid wall, and none is dispensable. 

High valuation Tech companies  ≈  growth stocks, which are getting hammered the most in this market blood bath.  The reason I believe is that recent data the Consumer Price Index show 4% and climbing fast, so people are now pricing in big interest increases.  Since growth stocks earnings are all in the distant future, they get discounted at a higher rate @Nikolas Kong #The Most Important Thing 

https://www.cnbc.com/2021/05/12/consumer-price-index-april-2021.html

Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008

Nikolas Kong

High valuation Tech companies  ≈  growth stocks, which are getting hammered the most in this market blood bath.  The reason I believe is that recent data the Consumer Price Index show 4% and climbing fast, so people are now pricing in big interest increases.  Since growth stocks earnings are all in the distant future, they get discounted at a higher rate @Nikolas Kong #The Most Important Thing   https://www.cnbc.com/2021/05/12/consumer-price-index-april-2021.html Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008 The Consumer Price Index rise for April from a year earlier was the sharpest since September 2008. https://www.cnbc.com/2021/05/12/consumer-price-index-april-2021.html

Illegitimi non carborundum

Let's Geek Out 🤓

https://www.nytimes.com/2021/10/10/upshot/shadow-inflation-analysis.html?referringSource=articleShare

Some companies haven’t been raising prices. Instead, they’ve been cutting back customer services and conveniences, but how should that be measured?

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